Starting a company

[SOA]

the best part about having a business is if you advertise your company on your car then everything you put into it like gas and maintenance costs you can write it off your taxes

correct this is my company car, soon plan get a small van as car not suited to what im doing now

i pay rent, so this also can be added to bussiness tax rebates

 

[Spicy McHaggis]

you are the man!

 

[c4scooters]

hahahaha sick dudeee

 

[Domsicle]

EPIC WIN

 

[coryM]

Haha i might be picking up an old ford courier soon. It's all flat black with chrom hubcaps. I was gonna paint the RAD logo on the hood. That way I will pay less taxes since it will lower my profit margin. Even though I want the truck anyways hahah.

You only need to pay taxes on your profits. Not your total income. Right off as many things as business costs and you will have less taxes to pay.

But hey it would be the perfect rig for refilling my bottles and picking up materials.
I want to do this for my motorhome too. Since I want to cruise it to all the comps I could right off all my expenses on gasss.

 

[SOA]

Haha i might be picking up an old ford courier soon. It's all flat black with chrom hubcaps. I was gonna paint the RAD logo on the hood. That way I will pay less taxes since it will lower my profit margin. Even though I want the truck anyways hahah.

You only need to pay taxes on your profits. Not your total income. Right off as many things as business costs and you will have less taxes to pay.

But hey it would be the perfect rig for refilling my bottles and picking up materials.
I want to do this for my motorhome too. Since I want to cruise it to all the comps I could right off all my expenses on gasss.

You have to pay tax on your personal income & bussiness must pay what ever tax needed by law to suit there bussiness if your in australia you can run a bussiness & not pay tax like goods & sales tax if your total gross for the year is under 74,000 aud, after that yes u need pay 10% Tax on all sales, which in end buyer pays, with my bussiness in aus if i export meaning a usa or uk shopper orders you dont need to charge the gst, this is what import/duty tax is for in each area of the world

if you really Are planning to start a bussiness i do suggest you reffer to your countrys goverment websites they will have all info you need to get started, you can even register online these days

 

[Element]

my friend is starting a company soon

 

[konowaluk]

yeah i havent looked into all that but i dont think it will get huge

 

[coryM]

Haha i might be picking up an old ford courier soon. It's all flat black with chrom hubcaps. I was gonna paint the RAD logo on the hood. That way I will pay less taxes since it will lower my profit margin. Even though I want the truck anyways hahah.

You only need to pay taxes on your profits. Not your total income. Right off as many things as business costs and you will have less taxes to pay.

But hey it would be the perfect rig for refilling my bottles and picking up materials.
I want to do this for my motorhome too. Since I want to cruise it to all the comps I could right off all my expenses on gasss.

You have to pay tax on your personal income & bussiness must pay what ever tax needed by law to suit there bussiness if your in australia you can run a bussiness & not pay tax like goods & sales tax if your total gross for the year is under 74,000 aud, after that yes u need pay 10% Tax on all sales, which in end buyer pays, with my bussiness in aus if i export meaning a usa or uk shopper orders you dont need to charge the gst, this is what import/duty tax is for in each area of the world

if you really Are planning to start a bussiness i do suggest you reffer to your countrys goverment websites they will have all info you need to get started, you can even register online these days

I'm set man. My gramps has owned an excavating company for over 50 years. And my mamas bf owns a northshore sheetmetal which is one of the largest sheetmetal companies in the northwest. I even get certain stuff made there for myself. They have been helping me out with seting my sh!t up.

 

[Element]

i need to know how to start one