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by walshemj
4845 days ago
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Why would you include corp taxes in that. I looked at Amsterdam as a move and it was about the same as the UK and other European states, and as I have the max years in for the uk pension scheme I was temped to move to Holland to buildup a second pension there. The lack of a VCT's, CGT exemption and taper relief is an issue for smaller investors - Seems to me that the ducth have a lot of german style Mittelstand companies and cgt/taxsystems is trageted at that . and the 30% rule ie 30% of you salary is disregarded for 10 years for migrant workers is an amazing tax break(http://www.expatax.nl/30ruling.php#.UTnYdjfRqE8) |
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That means that you get to deduct expenses on working equipments, business lunches, hosting, travel costs, etc.
On top of that if you're in an innovative industry you'll get another €20k or so tax deduction (WBSO & RDA.)
In general that means that for innovative entrepreneurs it's fairly easy to get to an effective tax rate of about 10%.