Anyhow, staff is gonna be rich.

[cedivad]

Let's suppose they sell 10'000 licenses in the first 3 months at 100€ each, that is something we can expect.
That is 1'000'000€!!!

I wanna develop a forum platform too!!!

 

[wizzard]

Dang...UK tax is low.

Not really then you are looking at least 12% National Insurance.

If you earn over £37,400 as I mentioned earlier income tax rises to 40%, then to 50% on incomes over £150,000.

 

[jonsidneyb]

Ah.... Some taxes we are not used to talking about just yet.

On business tax it varies quite a bit because we have state tax as well. If you are an American in Iowa you have the highest business tax rate in the world.

 

[Anthony Parsons]

Yep, you have to love those dividends... pay reduced tax and let the company pay the makeup. Best way to pay yourself if you own a company. Take a low wage to keep yourself under higher tax brackets, let the company lease your cars, work as much as you can via the company as legally as possible (fine line) then dump the dividends and let the company pickup some of the tax offset. I think UK & Australian laws are quite similar, both being commonwealth...