So I started my own company a few months ago in order to take on freelance assignments, have more control over how I work and take my first steps into the murky world of fiddling my expenses.
Nerdy paragraph warning: I am a freelance Flash developer, which means I get to do all manner of kinky web tools and banners and even games. It is highly skilled and slightly incomprehensible work and I quite happily charge through the nose for it. Nerdy paragraph ends.
The tax rate in Sweden is rather ridiculously high – much more than half of what I earn on a project goes to the big grey building in town where such things are calculated.
However, there are many bright sides. Since I already have a day job, any money I earn goes directly to those nice people at the Bishop’s Arms. I get to decide who I work with and have a lot more creative freedom.
I also have the option of writing off things against tax. So every single piece of electronics purchased (cameras, laptops, shiny Christmas gifts) is essentially free.
And on top of that, I can write off eating out in restaurants as “customer representation”. If I pay close attention, and keep the tax rolling in, I could in theory eat out for free forever.
It’s an odd system – pay tax and then be practically forced to buy stuff in order to claim it back. Now I have started to see it as a “waste” if I don’t find something to blow my tax dollars on.
The dream situation would be to quit my current job, find something entirely unrelated to do a few days a week and make up the difference by freelancing. Then I could move to that house in the country (with a certain someone) and settle down to produce babies, carrots, novels and kinky Flash banners.
So what, exactly, am I waiting for?