New business

Following on from the disastrous debacle of trying to make a go of working in the hotbed of socialism known as Denmark and paying the price, quite literally, for my mistake, thanks to Ken Lynge Primby, I'm back off to the UK.

Step forward The Intelligent Domain. At least in the UK, it's only 20% corporation tax, and if you're sensible about it and only draw out up to around £35,000 you don't end up paying any more income tax on top. Compare that to Demark, where the corporation tax is 25%, then you have to pay income tax on the dividends afterwards as well. Nice.

Of course, knowing my luck, watch Gordon Brown get rid of the dividend tax credit scheme as he scrats down the back of the sofa looking for spare change to fund his grandiose social welfare schemes. Actually, I wonder how many people would close down their UK businesses as a result if he did that? I bought something from a German Internet electricals retailer the other day, and even they were operating through a UK Ltd company. To say nothing of how many Danish freelancers operate through a UK Ltd!