AGermanGuy
Established Member
- Impact
- 225
I am only here since 2 weeks and yet I already have to leave you!
Before I went into domaining, I forgot to think about taxes and such. So I went to my local financial office today and asked about taxes. They told me, that since I am recieving state benefits, before we can go to taxes, I have to ask my work office for permission. And even if they give me permission to pursue domaining, I have to give the state most of my domaining income. I could keep about 100-200€ myself and have to give the rest to the state since I am on state benefits. So to make domaining worthwhile, I would have to generate like 1000€+ profits a month, to not recieve state benefits anymore. And even if, I still have to get a licenese and so on and so on.
So I will have to quit domaining until I found a job and thus do not recieve state benefits anymore! But I will not be gone forever, I will come back when that happens and start domaining again! In 3 years I should have finished college, so in 3 years I should have found a good paid job to not recieve state benefits anymore.
I thank you all for the help I have recieved so far.
And now I am scared that if I get the money from my auction here on NP on my paypal account, I could get into trouble :/
Before I went into domaining, I forgot to think about taxes and such. So I went to my local financial office today and asked about taxes. They told me, that since I am recieving state benefits, before we can go to taxes, I have to ask my work office for permission. And even if they give me permission to pursue domaining, I have to give the state most of my domaining income. I could keep about 100-200€ myself and have to give the rest to the state since I am on state benefits. So to make domaining worthwhile, I would have to generate like 1000€+ profits a month, to not recieve state benefits anymore. And even if, I still have to get a licenese and so on and so on.
So I will have to quit domaining until I found a job and thus do not recieve state benefits anymore! But I will not be gone forever, I will come back when that happens and start domaining again! In 3 years I should have finished college, so in 3 years I should have found a good paid job to not recieve state benefits anymore.
I thank you all for the help I have recieved so far.
And now I am scared that if I get the money from my auction here on NP on my paypal account, I could get into trouble :/