⚡ It's Like Monopoly, But riskier.
If you don't watch out it's bonk and go to jail. Creator Crunch Issue #3⚡
WHAT'S UP FAM!Welcome to Creator Crunch, your personal guide through the wild wild world of Creators🌍
if you’re new here, then you’re just in time. Today we have a huge announcement, but you gotta promise to keep it a secret 👀
What’s the announcement you ask? Well, stick around to find out at the bottom of this read. We promise you it’s worth it!
Before we get into the nitty gritty of today’s discussion, we gotta ask! How did you find the free invoice tracker template ? We really hope you’ll find that useful. Shout out to our Head Designer Richard, For whipping that up specifically for you guys!
Anyways, today is all about Taxes. Trust me, if you’re a Creator, you want to be sure you’re aware of regulation, and make sure you’re doing things properly because on a real, there can be serious repercussions.
I was scrolling on twitter a few weeks ago now, and this thread came up on my TL. I thought this was crazy.
With over 4 Million impressions, this is all the social proof you need to know that, this Tax stuff is not just difficult for you, but for millions of people worldwide, and now, like never before— We live in an era where the average person can just wake up, make a piece of art, or content and make incredible amount of money online. This is amazing! In fact this is incredible, and we’re all for it.
Here’s the good news.
Creators in the UK out earn their peers. Earning above the national average which is currently around £2.1k.
However, we’ve found that 70% of creators are not aware of the risk, thus are not even registered properly to HMRC, or even sure of how to go about declaring their taxes, and overall managing their money.
I bet you didn’t even know that you can be taxed on the value of that free holiday that, that brand gave you.
Yes, there are many risks to this game, and we really want you to make the big moves, but just like a game of monopoly, one wrong move, and...
We agree with those tens of thousand retweets, in fact we agree so much so, that we’ve been working ridiculously hard to do something about this.
From delayed invoices, to horrible tax surprises—and trust me, you do not want to be hit with a random fine from HMRC, we Identified this major pain point, and we want to help fix it... and it's so good, that it'll keep you out of Jail 🤞🏽
Earlier in this newsletter we mentioned that Creators in the UK are out-earning their peers. So this means, you’re actual pro’s at this!
For us that sounded like a pretty good argument to upgrade our app to fit your professional needs, by helping out with those Taxes too.
Say hello to XPO Pro ⚡️
We don’t believe in waiting around, so we integrated an intelligent wallet that will help you save your accurate tax percentage from every payment, and as your earning changes, this will adjust too.
One of the many features btw...
Why wait for an accountant to tell you how much you owe, when you can be prepared!We’re also partnered with the best creator accountants in the game, so if you opt in, we can directly file your taxes for you at the end of each tax year, or just release those funds to you and you can do it your way. It’s that simple 🤷🏽♂️
So consider this your get out of jail free pass, and all you have to do is simply click here⚡️
Stay crunching kids.