Taxes 2021
Added 2021-11-17 15:32:34 +0000 UTCOne of you DMd me on Discord asking for what my taxes are and how big my tax bill is. I am ok with posting it here, but please understand that I do not want to publish it. The number I edited out is my Tax ID, which I hope you understand, is not something I want to share.
My business expenses are at around 15 000 Euros. Which are mostly wages paid to artists. Without expenses the channel made around 35 000 euros, of which 8 000 have to be paid in tax. (So yeah I made a mistake in the youtube post, actually I only made 27 000. Sorry I suck at math lol) I have to pay my tax bill by December and I intend to pay it as soon as possible because I do not like being in debt.
I hope this is satisfactory for the person who asked, and everyone else who was interested in the how much of the earnings went to the tax man. Next year I will just remember to give you all a more informative and detailed overview over the finances. Sorry if the post containing only the profits was not satisfactory.
Comments
It drives me bananas how they denote the gap between the thousands and the hundreds with a decimal point. It's so so deeply wrong it's almost like ending a sentence with a comma,
2021-11-18 23:38:24 +0000 UTCHe was writing earlier that we was looking at appartments in brothels. Seems still a far way off to talk about 2nd houses on the lake :)
2021-11-17 18:57:29 +0000 UTCIt also wouldn't matter if here were buying his second lake house; I think his videos are worth a given amount of money to me, and I am willing to pay that amount of money.
2021-11-17 18:54:08 +0000 UTC>> As far as I am concerned you don’t need to justify your expenses as long as you produce this quality content. My thoughts exactly. We all know Kraut isn't pushing communism while buying his 2nd lake house. It looks like this post was in response to a viewer's request, so that's cool and all. But in case the idea was floating around somewhere, there is absolutely nothing wrong with earning an income for your work. Everyone who produces quality content should succeed financially in life. As long as this is understood, then I don't have an issue if Kraut wants to post some financials every year.
2021-11-17 18:23:25 +0000 UTCI appreciate the effort Kraut but seriously.: I get bored by my own tax returns why show me yours? Focus on what you are great at. As far as I am concerned you don’t need to justify your expenses as long as you produce this quality content. Who cares if you had to spend all your Patreon donations on booze and women as long as your product in the end is right.
2021-11-17 16:47:02 +0000 UTCDo you have to offer health insurance to your artists that you hire, or am I reading the statement wrong?
2021-11-17 16:35:29 +0000 UTCThat was my first thought as well. Total wages paid to artists maybe, but not the full form.
2021-11-17 16:31:10 +0000 UTCI find it a bit odd that someone asked for your tax information. I don’t think such transparency was warranted in this case.
Vincent
2021-11-17 16:23:33 +0000 UTC
