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Zeropark 25% VAT?!

Discussion in 'Business Management' started by comegetbravo, May 9, 2016.

  1. comegetbravo

    comegetbravo Affiliate affiliate

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    I am based in Sweden, which means VAT. Starting out with -25% ROI is not ideal, does anyone know how to get around this?
     
  2. monetizer
  3. T J Tutor

    T J Tutor Administrator Administrator moderator affiliate

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    It's incredible that the tax rate is so high. Actually, it's ridiculous. The VAT in Europe is a business killer in many ways.

    Is VAT due on the gross sale, gross earnings, or net?
     
  4. comegetbravo

    comegetbravo Affiliate affiliate

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    Well, at zeropark, the VAT of 25% is when I first deposit, then, there's even more tax on the profit I make (35-55%)
     
  5. Marc

    Marc 武士- Spamurai moderator affiliate

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    It's terrible to see how Internet business models are kept low by the state authorities in Europe!

    As I am in the same price range with the tax and social charges (summed 52%) and have no chance to escape, I only can tell you @comegetbravo how I turn it around and stay motivated: I always hope I've to pay someday 1 million in taxes. Then I have also earned 1 million!!
     
  6. The Mad French

    The Mad French Affiliate affiliate

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    Same story here in France.
    Taxes rates are really ridiculous and make business really hard if you're starting out.
     
    zez13 likes this.
  7. roc.ph

    roc.ph Affiliate Manager Affiliate Manager affiliate

    I feel you. In Philippines, The business VAT is 12% and other government fees. :(
    As a startup, This is our one of the big challenges.
     
  8. Mrearn

    Mrearn Affiliate affiliate

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    Here in the United States its a lot better but then you most factor in healthcare costs such 900 dollar insurance plan per month. You can have deductions(income tax) but still you have to pay social security, state(In most states) and federal taxes as well so I don't think there is a perfect system.
     
    The Mad French likes this.
  9. The Mad French

    The Mad French Affiliate affiliate

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    Yep, you're right on this Mrearn, good point !
     

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