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7 votes
Accepted

Combined taxes on revenue stream when outsourcing work to a contractor

You need to consider that the payment of employee wages is generally a deduction to the employer, the same as paying other business expenses. Income tax is tax paid on net income, not gross profit. ie:...
Grade 'Eh' Bacon's user avatar
7 votes
Accepted

28 years old and just inherited large amount of money and real estate - unsure what to do with it

We don't have a good answer for how to start investing in poland. We do have good answers for the more general case, which should also work in Poland. E.g. Best way to start investing, for a young ...
Brythan's user avatar
  • 21k
3 votes

How do I invest in an index with a small initial investment (E.U. question)

European here. First you have to decide if you want to invest at a bank or a broker. In most cases (at least for me), a broker will have lower fees than a bank but this is something you need to look ...
JiyuuSensei's user avatar
3 votes
Accepted

Why lease option is so high when purchasing Tesla in Poland?

There are two factors in the leases that you don't show (or don't know): The residual value (how much you'd have to pay to keep the car after the lease period), and the effective interest rate. I don'...
D Stanley's user avatar
  • 133k
1 vote

Why lease option is so high when purchasing Tesla in Poland?

You calculated 75% of the cash price for a 4-year lease in Poland, vs. 46% of a cash price for a 3-year lease in the US. But if you calculate a theoretical Polish 3-year lease it comes out to 59% of ...
Orange Coast- reinstate Monica's user avatar
1 vote

Calculating mortgage schedule

Calculating the charge for the extended first period by the method used here principal p = 160000 monthly rate r = 0.0237/12 no. months n = 120 2nd Oct to 15th Oct 2020 is 13 days one ...
Chris Degnen's user avatar
  • 9,747
1 vote

How/when to shift from stock to bonds

There are some specifics that will depend on your tax jurisdiction, but here's some generalities that may help: When should I switch from stock to bonds? You should start moving towards bonds or ...
D Stanley's user avatar
  • 133k
1 vote

How to bank on my own?(self hosted bank account)

I'm from Poland and I do not want to have a bank account Your privilege. but I want be able to use a card and do all of that nice online stuff. It would allow me to do automated stuff You can ...
TomTom's user avatar
  • 11.6k
1 vote

Will Poland tax my SIPP?

If you are resident in Poland then you can no longer contribute to UK SIPP or ISA accounts and if you get caught you may be heavily penalised in the UK. I have lived in Poland for some time and my tax ...
Gordy's user avatar
  • 11
1 vote

Will Poland tax my SIPP?

Residence of the company? You are asking 'am I going to be taxed on the contributions my company makes'. If the company is still resident in the UK, then 'no' simply because the UK still has primary ...
RobertNW's user avatar
1 vote

How do I invest in an index with a small initial investment (E.U. question)

Yes, you can. I am in the US so it's only slightly different, but Vanguard provides the ability for European investors to buy into index funds. Were I you, I would grab a Total Market Index Fund. I ...
T. Thomas's user avatar
1 vote

Working as a self employed freelancer for an overseas company

If you are really self employed, you will pay UK tax as a self employed person. This can be quite useful as there may well be some legitimate costs you can deduct. If, however, you are in effect an ...
GooKing's user avatar
  • 59

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