Well Bengerman
You, as well, are missing the point. We have to pay taxes as of this year and thatīs a fact. You can try to avoid that, but at the end of the day the tax man will always win.
I have accepted that fact and will do what I have to do.
Management at lala land is another thing. THEY HAVE KNOWN THAT FOR A LONG LONG TIME. Some people like a former GM has actually gotten out in due time wiith his parachute.
Anyways, this was only the first step. The big one is still to come......
In about a month or 2, they will drop the local contracts on us (which of course they havenīt even considered, bla bla bla). There you will find a pay reduction of about 10pc, or so followed by a net increase of NI (compared to the UK) and a tax rate that is as well higher than in the UK.
My guess is, we will be looking at a pay cut of about 25pc in addition to the normal UK tax rate.
If you look at the pay then, we will be on the same level as Achims knights (ONLY advantage being the fixed days off). Plus you will be loosing on certain "tax reduced" elements like share options, etc. as then they will be fully taxable according local law.
So, just pay the German tax for this year and when the big one will hit us get your parachute ready or, if you enjoy orange slavery, go for it.
My 5 cents ............ give it a few weeks, and then we shall see if I was right or wrong ...
