For All Our Self-Employed Readers

Forum: LinuxTotal Replies: 4
Author Content
dcparris

Aug 15, 2006
11:53 AM EDT
Thought folks would enjoy this: http://news.yahoo.com/news?tmpl=story&u=/uclickcomics/200608...
techiem2

Aug 15, 2006
11:58 AM EDT
ROFL.

So true...
dinotrac

Aug 15, 2006
1:42 PM EDT
Heh-heh...

Those vacations are harder to take when you figure out how much they're costing:

Cost of vacation PLUS cost of foregone income.

Ain't no vacation benefits outside of employee land.



Sander_Marechal

Aug 15, 2006
2:20 PM EDT
That depends on how you set up your own company. If you keep your company's financials separate from your own (under Dutch law called a BV or an NV - I don't know the relevant UK/US versions) then you can simply put yourself on the payroll of your own company and have a paid vacation like anyone else. Ofcourse, the company pays more taxes this way and it still affects the bottom line of your company....
dcparris

Aug 15, 2006
3:54 PM EDT
I think we in the US would refer to it as a corporation vs a "sole proprietorship". In the former, the owner is (or can be) an employee of the company, iirc. Sole proprietors have it a little rougher.

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