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Apple Announces App Store Small Business Program

(www.apple.com)
830 points todsacerdoti | 2 comments | 18 Nov 20 11:04 UTC | HN request time: 0.407s | source
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karolkozub ◴[18 Nov 20 11:30 UTC] No.25135615[source]▶
Wow. That's amazing. That's a 20% increase in revenue for those eligible. I'm guessing they decided the increased value of their products from more smaller developers creating apps for the platform is greater than the lost revenue.

If I understand correctly though, since it's a hard cutoff it creates this gap between 1m and ~1.2m where you're actually worse off by making more money pre-tax.

   999k --[-15%]--> 849k
  1000k --[-30%]--> 700k
  1213k --[-30%]--> 849k
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Heliosmaster ◴[18 Nov 20 12:46 UTC] No.25136134[source]▶
it's exactly like the freelancer tax brackets in Italy. Everybody jumping through hoops (and or not declaring stuff) to remain under the threshold of 60k/year (was 30k/year). Otherwise tax rate doubles.
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1. neuronic ◴[18 Nov 20 13:27 UTC] No.25136465[source]▶
In Germany we have "cold progression", so stacking tax brackets. If you earn 35.000€ it's something like (random numbers):

0-9000€ [0%] -> 0€

9000-20.000€ [10%] -> 1100€

20.000-40.000€ [15%] -> 3000€

Total = 4400€

So if you're in the 15% bracket you pay 4400€ which is actually 12.5% in total, and not 5250€ (15%) as some people seem to believe.

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2. whiddershins ◴[18 Nov 20 14:09 UTC] No.25136882[source]▶
Same in the US I believe.