SlideShare una empresa de Scribd logo
1 de 51
The Joys of Tax & Finance ,[object Object]
I used to be
Then I became
Now I’m
Though many people think
Who am I? I have ‘homes’ at : ZDNet (US): Irregular Enterprise & Enterprise Alley ITPro (UK): Governance, risk & compliance AccMan: ‘Innovation for professional accountants’ IT Counts: ICAEW IT community and... TWITTER!!!!!!
Tax doesn’t have to be taxing Yeah right.....
This is us I guess
We’ve all got to pay so...
But you don’t have to leave a tip
Avoidance and Evasion ,[object Object],[object Object]
Avoidance and Evasion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Beware the exotic
Don’t be stupid “ An investment banker who used his wife’s and children’s names in tax evasions dating back to 1977 was sentenced today to 50 months in prison for tax crimes, including the first criminal conviction for not paying the nanny tax.” NYT: 2007
Don’t be a smart ass Smart ass Club Fed
Offshoring We all want the Good Life - and it’s ‘over there’
Attitudes to tax Country Hate Don’t like UK ✔ France ✔ Germany US ✔ Spain ✔ Italy ✔
Attitudes to tax Country What it means UK Savvy - into avoidance ✔ France 27-30% GDP in shadow economy Germany Into avoidance, will evade US Heavily into avoidance, sometimes dumb ✔ Spain Evasion = national sport, 25% in cash Italy 3 sets of accounts - go figure!
Location, location, location
Location, location, location ,[object Object],[object Object],[object Object]
Location, location, location ,[object Object],[object Object],[object Object]
Location, location, location ,[object Object],[object Object],[object Object]
Location, location, location ,[object Object],[object Object],[object Object],[object Object]
Location, location, location In some European countries, it is simply not worth employing people as a person running a small business. THIS CAN MEAN IT IS NOT WORTH BEING IN BUSINESS AT ALL
Location, location, location Remember : If you choose to live in a country because of its lifestyle (like France/Spain/Switzerland), then be prepared to pay the price, especially if you are a high earner.
Location, location, location Remember : The overall tax cost of living in a country is NOT one figure but a combination of ‘taxes’ that include income/business tax, social security and mandatory pensions costs. Making direct comparisons is not easy. Therefore....
Oh shit! This is all way too complicated  Therefore....
Seek the best LOCAL advice
and not....
Summary ,[object Object],[object Object],[object Object]
Accounting: sounds like fun
Keep it simple
DIY or get help? =
DIY or get help?
Here’s the problem Most accounting systems were not built with you in mind
Are there alternatives? ,[object Object],[object Object],[object Object]
Blinksale ,[object Object],[object Object],[object Object]
Blinksale
Freshbooks ,[object Object],[object Object],[object Object]
Freshbooks
FreeAgent ,[object Object],[object Object],[object Object]
FreeAgent
What else? ,[object Object],[object Object],[object Object]
Why not free?
What else?
Live forever?
Not really
So save!
So save! ,[object Object],[object Object]
Finally (phew) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thanks & Questions [email_address] twitter.com/dahowlett

Más contenido relacionado

Destacado

Destacado (14)

No Nonsense guide to Cloud Accounting
No Nonsense guide to Cloud AccountingNo Nonsense guide to Cloud Accounting
No Nonsense guide to Cloud Accounting
 
Early results from SAP Certification 5 survey
Early results from SAP Certification 5 surveyEarly results from SAP Certification 5 survey
Early results from SAP Certification 5 survey
 
6 mega trends for 2014
6 mega trends for 20146 mega trends for 2014
6 mega trends for 2014
 
Owf2010 daffara
Owf2010 daffaraOwf2010 daffara
Owf2010 daffara
 
Businessmodels
BusinessmodelsBusinessmodels
Businessmodels
 
I Dont Give a F%^k About Your Code
I Dont Give a F%^k About Your CodeI Dont Give a F%^k About Your Code
I Dont Give a F%^k About Your Code
 
mindtrek2016 - the economics of open source clouds
mindtrek2016 - the economics of open source cloudsmindtrek2016 - the economics of open source clouds
mindtrek2016 - the economics of open source clouds
 
Economics of public and private clouds
Economics of public and private cloudsEconomics of public and private clouds
Economics of public and private clouds
 
Nonsoftwareoss
NonsoftwareossNonsoftwareoss
Nonsoftwareoss
 
Employee class action v Google, Apple, Intel and others
Employee class action v Google, Apple, Intel and othersEmployee class action v Google, Apple, Intel and others
Employee class action v Google, Apple, Intel and others
 
Economic value of open source
Economic value of open sourceEconomic value of open source
Economic value of open source
 
Enterprise Advocates SAP TCO Webinar Summary
Enterprise Advocates  SAP TCO Webinar SummaryEnterprise Advocates  SAP TCO Webinar Summary
Enterprise Advocates SAP TCO Webinar Summary
 
SaaS uk accounting market 2010
SaaS uk accounting market 2010SaaS uk accounting market 2010
SaaS uk accounting market 2010
 
Euro cloud mobile first - the diginomica story so far
Euro cloud mobile first - the diginomica story so farEuro cloud mobile first - the diginomica story so far
Euro cloud mobile first - the diginomica story so far
 

Similar a The Joys of Tax & Finance

Money; Fact or Fiction
Money; Fact or FictionMoney; Fact or Fiction
Money; Fact or Fiction
DouglasNess
 
Living Debt Free and Truly Wealthy By Bill Constain
Living Debt Free and Truly Wealthy By Bill ConstainLiving Debt Free and Truly Wealthy By Bill Constain
Living Debt Free and Truly Wealthy By Bill Constain
Bill Constain
 
Planning 10 unit 3
Planning 10 unit 3Planning 10 unit 3
Planning 10 unit 3
LindzCH98
 
Planning 10 unit 3
Planning 10 unit 3Planning 10 unit 3
Planning 10 unit 3
LindzCH98
 
Short money matters
Short money mattersShort money matters
Short money matters
steveross317
 

Similar a The Joys of Tax & Finance (20)

10 Most Expensive Tax Mistakes
10 Most Expensive Tax Mistakes10 Most Expensive Tax Mistakes
10 Most Expensive Tax Mistakes
 
#NomadTalks 3: Offshore Theory
#NomadTalks 3: Offshore Theory#NomadTalks 3: Offshore Theory
#NomadTalks 3: Offshore Theory
 
What Is a TFSA?
What Is a TFSA?What Is a TFSA?
What Is a TFSA?
 
Student conference presentation at Sun City, South Africa
Student conference presentation at Sun City, South Africa Student conference presentation at Sun City, South Africa
Student conference presentation at Sun City, South Africa
 
Tailored Tax Strategy For Business Owner
Tailored Tax Strategy For Business OwnerTailored Tax Strategy For Business Owner
Tailored Tax Strategy For Business Owner
 
Marc Nager StartupDay 2011 Speech
Marc Nager StartupDay 2011 SpeechMarc Nager StartupDay 2011 Speech
Marc Nager StartupDay 2011 Speech
 
11 Retirement Mistakes
11 Retirement Mistakes11 Retirement Mistakes
11 Retirement Mistakes
 
Money; Fact or Fiction
Money; Fact or FictionMoney; Fact or Fiction
Money; Fact or Fiction
 
Protecting your Wealth and Assets
Protecting your Wealth and AssetsProtecting your Wealth and Assets
Protecting your Wealth and Assets
 
Rich brother poor_brother_national_convention_
Rich brother poor_brother_national_convention_Rich brother poor_brother_national_convention_
Rich brother poor_brother_national_convention_
 
Common Tax returns Errors
Common Tax returns ErrorsCommon Tax returns Errors
Common Tax returns Errors
 
Living Debt Free and Truly Wealthy By Bill Constain
Living Debt Free and Truly Wealthy By Bill ConstainLiving Debt Free and Truly Wealthy By Bill Constain
Living Debt Free and Truly Wealthy By Bill Constain
 
Planning 10 unit 3
Planning 10 unit 3Planning 10 unit 3
Planning 10 unit 3
 
Planning 10 unit 3
Planning 10 unit 3Planning 10 unit 3
Planning 10 unit 3
 
Estate planning
Estate planningEstate planning
Estate planning
 
2017 Pacific Dental Conference
2017 Pacific Dental Conference2017 Pacific Dental Conference
2017 Pacific Dental Conference
 
A practical introduction to starting a creative business
A practical introduction to starting a creative businessA practical introduction to starting a creative business
A practical introduction to starting a creative business
 
Don't Slip! Little Known Downfalls of Sole Proprietorship
Don't Slip! Little Known Downfalls of Sole Proprietorship Don't Slip! Little Known Downfalls of Sole Proprietorship
Don't Slip! Little Known Downfalls of Sole Proprietorship
 
T10 taxevasion copy
T10 taxevasion copyT10 taxevasion copy
T10 taxevasion copy
 
Short money matters
Short money mattersShort money matters
Short money matters
 

Último

Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
allensay1
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
daisycvs
 

Último (20)

Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
Escorts in Nungambakkam Phone 8250092165 Enjoy 24/7 Escort Service Enjoy Your...
 
Pre Engineered Building Manufacturers Hyderabad.pptx
Pre Engineered  Building Manufacturers Hyderabad.pptxPre Engineered  Building Manufacturers Hyderabad.pptx
Pre Engineered Building Manufacturers Hyderabad.pptx
 
Falcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investorsFalcon Invoice Discounting: The best investment platform in india for investors
Falcon Invoice Discounting: The best investment platform in india for investors
 
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdfTVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
TVB_The Vietnam Believer Newsletter_May 6th, 2024_ENVol. 006.pdf
 
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All TimeCall 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
 
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
Lundin Gold - Q1 2024 Conference Call Presentation (Revised)
 
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al MizharAl Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
Al Mizhar Dubai Escorts +971561403006 Escorts Service In Al Mizhar
 
New 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck TemplateNew 2024 Cannabis Edibles Investor Pitch Deck Template
New 2024 Cannabis Edibles Investor Pitch Deck Template
 
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
Quick Doctor In Kuwait +2773`7758`557 Kuwait Doha Qatar Dubai Abu Dhabi Sharj...
 
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165Lucknow Housewife Escorts  by Sexy Bhabhi Service 8250092165
Lucknow Housewife Escorts by Sexy Bhabhi Service 8250092165
 
Phases of Negotiation .pptx
 Phases of Negotiation .pptx Phases of Negotiation .pptx
Phases of Negotiation .pptx
 
Uneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration PresentationUneak White's Personal Brand Exploration Presentation
Uneak White's Personal Brand Exploration Presentation
 
Falcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial WingsFalcon Invoice Discounting: Tailored Financial Wings
Falcon Invoice Discounting: Tailored Financial Wings
 
Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1Katrina Personal Brand Project and portfolio 1
Katrina Personal Brand Project and portfolio 1
 
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NSCROSS CULTURAL NEGOTIATION BY PANMISEM NS
CROSS CULTURAL NEGOTIATION BY PANMISEM NS
 
Buy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail AccountsBuy gmail accounts.pdf buy Old Gmail Accounts
Buy gmail accounts.pdf buy Old Gmail Accounts
 
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow ChallengesFalcon Invoice Discounting: Aviate Your Cash Flow Challenges
Falcon Invoice Discounting: Aviate Your Cash Flow Challenges
 
How to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League CityHow to Get Started in Social Media for Art League City
How to Get Started in Social Media for Art League City
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Cannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 UpdatedCannabis Legalization World Map: 2024 Updated
Cannabis Legalization World Map: 2024 Updated
 

The Joys of Tax & Finance