← all posts

Easiest hack to save lots of money is registering as a company

29 April, 2023 · 1,243,140 views · 2,879 likes · 253 reposts

Easiest hack to save LOTS of money nobody is doing is registering as a company, it’s not hard

You can expense the stuff you buy for your work like laptop, flights, coworking rent, even coffee if you work in cafe, get sales tax (6-21%) back for purchases

You pay only corp tax (15-25%) on profits (your income minus your expenses above) and keep most money you make in your company, then pay yourself a low amount the rest of your life and you reduce your tax bill 100% legally

It's the same benefit in almost any country

Every rich person does this

Originally posted on X · 💬 152 replies — add yours

P.S. I'm on 𝕏 too if you'd like to follow more of my stories. And I wrote a book called MAKE about building startups without funding. See a list of my stories or contact me.

Get the next one before everyone else. Every startup I build and every method I actually use, in plain English. Free, every time I post.

Subscribing you...
Subscribed! Check your inbox to confirm your email.

Or subscribe on Telegram →


Related posts