But he didn't listen, because he knew the Bunny was talking cap
- Thread starter BananaCreamGames
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Bugs Bunny :paranoid
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- Feb 23, 2025
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But not wrong sometimes u have wide imagination lolSad
Silwith
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- Jan 27, 2021
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You got a weird perception of age... they certainly don't look "old", 15 and 12? Really? ... overall I would put them early 20 to mid 20s...
Bugs Bunny :paranoid
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- Feb 23, 2025
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I have to agree I'm going to start complaining to my brain to stop it a bit
Bugs Bunny :paranoid
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Cee seems to me to be 18 to 19 years old, while Suzie is around 20. by the face of both of them. Those numbers can be verified..
I'm sorry, what crazy ass country do you live in? Because I can't think of a single one where tax brackets actually work that way.
descon456
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- Sep 7, 2024
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Tax brackets don't work that way in EU
- May 1, 2024
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It sucks for the next update to be pushed back a little but at least the Patreon tiers will be cheaper for people who support (me included). Though I suspect this won't matter to people who never have any intention of supporting.
Hopefully he will be able to start developing full time next year like he said and then we should see updates come faster and faster.
Hopefully he will be able to start developing full time next year like he said and then we should see updates come faster and faster.
- Jun 27, 2020
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It's sad that it's postponed, but it might help those who want to support cheaper now.
I think we should respect the privacy of BCG in matter of "how progressive taxes work or doesn't".
He could just take that to himself and don't tell anything, he's being open and beside that we don't know what else he has between hands, I think we should respect him.
To BCG, I don't think controlling income could be enough, but I hope you can find an even better solution for next year (maybe try things). You are doing it very well and we want more frequent updates so I hope enough people support you to that <3
He could just take that to himself and don't tell anything, he's being open and beside that we don't know what else he has between hands, I think we should respect him.
To BCG, I don't think controlling income could be enough, but I hope you can find an even better solution for next year (maybe try things). You are doing it very well and we want more frequent updates so I hope enough people support you to that <3
Valak1
New Member
- Jun 30, 2023
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Yeah the post didn't seem to be clear, so let me repost my reply to someone here, hopefully it'll make more sense:
So having to deal with VAT is one thing I'd like to avoid, yes.
But the real issue for me is overshooting the magic barrier for my type of s.p.
Right now, I'm taxed 4% on all my revenue, no matter the actual expenses (I have near-none apart from paying animators and electricity). But that flat rate is limited to a max revenue. If I would to go over that max revenue in the past year/past two years of the business, I'd no longer be allowed to be this type business, I'd have to enter the normal progressive tax scheme, and by calculations, would have to pay nearly 3x as much in taxes.
Example. I make 60k€ this year, 80% of that is deducted as expenses (even if it sits in my bank account), 20% of the remaining 12k€ is my tax for the year, meaning I have to pay 2.4k€ as tax. That's awesomely low, is it not?
Now, going over that 60k, to say, 61k earned, that forces me into a progressive tax scheme:
That's an effective tax rate of nearly 30% (vs the 4% I'm in at the moment).
So in my mind... I earn 60k, get to keep 57.5k~ But if I earn 61k, I get to keep 42k~
By my calc, I would have to earn closer to like 90k€ to keep the same amount as I do now in the current setup.
Granted I could whittle that down a bit by inventing expenses, but I'd never get it down to 4%.
This is a bit simplified as I did not include monthly payments that I have to make as a business here in slovenia, which are currently at about 600€/mo for me, and would have to be made in any case (so the actual effective rate tax is a bit higher for both versions). Concerning VAT, even though I noticed that Patreon is automatically deducting VAT from my gross, I don't actually have to add VAT to prices here until I go over 55k€ yearly revenue.
This is all Slovenia based information.
I don't know about other countries. I hope I made my predicament clear, I'm pretty new to this business stuff and lingo so I'm trying my best here.
So having to deal with VAT is one thing I'd like to avoid, yes.
But the real issue for me is overshooting the magic barrier for my type of s.p.
Right now, I'm taxed 4% on all my revenue, no matter the actual expenses (I have near-none apart from paying animators and electricity). But that flat rate is limited to a max revenue. If I would to go over that max revenue in the past year/past two years of the business, I'd no longer be allowed to be this type business, I'd have to enter the normal progressive tax scheme, and by calculations, would have to pay nearly 3x as much in taxes.
Example. I make 60k€ this year, 80% of that is deducted as expenses (even if it sits in my bank account), 20% of the remaining 12k€ is my tax for the year, meaning I have to pay 2.4k€ as tax. That's awesomely low, is it not?
Now, going over that 60k, to say, 61k earned, that forces me into a progressive tax scheme:
With those, I then have to pay 18k€ tax for earning just 1k more.
That's an effective tax rate of nearly 30% (vs the 4% I'm in at the moment).
So in my mind... I earn 60k, get to keep 57.5k~ But if I earn 61k, I get to keep 42k~
By my calc, I would have to earn closer to like 90k€ to keep the same amount as I do now in the current setup.
Granted I could whittle that down a bit by inventing expenses, but I'd never get it down to 4%.
This is a bit simplified as I did not include monthly payments that I have to make as a business here in slovenia, which are currently at about 600€/mo for me, and would have to be made in any case (so the actual effective rate tax is a bit higher for both versions). Concerning VAT, even though I noticed that Patreon is automatically deducting VAT from my gross, I don't actually have to add VAT to prices here until I go over 55k€ yearly revenue.
This is all Slovenia based information.
I don't know about other countries. I hope I made my predicament clear, I'm pretty new to this business stuff and lingo so I'm trying my best here.
HoM11
Well-Known Member
- Feb 28, 2021
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Curse you, BananaCreamGames, for making me google and learn about Slovenian tax system for sole proprietors with normalized expenses!
- May 1, 2024
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A tax system that truly encourages you to NOT succeed. I hope that you will be able to find a good balance with things. Though I would imagine that the Patreon income is far from stable with paid members increasing during a new release month and then falling off some.