IDB

PolarFox wrote:

akui wrote: unless they are married and the money doesn't matter anyway plus tax relief if you are married

is this how we are going to discover the truth about phan

PolarFox wrote:

SquishPhan wrote:

PolarFox wrote:

akui wrote: unless they are married and the money doesn't matter anyway plus tax relief if you are married

is this how we are going to discover the truth about phan

It looks like it very well could happen that way.

"we got married for tax reasons, jfc guys, p-l-a-t-o-n-i-c" will be the explanation
Anonymousse lol, I browse here from my tablet, so I have unlimited zoom power

You're a very little shit!!

IckleMissMayhem wrote:

IckleMissMayhem wrote:
Also: the lesser-spotted hobbit-haired Phil!

IckleMissMayhem wrote:

Clearly been living in London too long...!

Also: the lesser-spotted hobbit-haired Phil!

Anonymousse wrote:

IckleMissMayhem wrote:

(trying to contain myself, also lil' shits, stop using small font, you are killing my eyesight)

Ermh? where did you find this?

Kathrynxjane wrote: btw seen the accounts for IRL digital and Fuck me they are doing well for the merch side. Dread to think what they actually earn themselves!

Kathrynxjane wrote:

akui wrote:

daichii wrote: re: channel network stuff, it wouldn't really surprise me if they built their own one. At least Phil's bro is managing other yt shops and it would be a nice way for them to stay in the yt scene even if their fame goes away. It is weird tho that the network is only danhowelllimited. I would guess Phil would put AP and LAP under amazingphillimited to give themselves more freedom and of course cash.

To me dapg being under Dan ltd doesn't make sense at all? Because all of their companies are limited company which means they pay 20% cooperate tax no matter what. So as the only shareholder, Dan either get all the money from dapg or Pay Phil as an employee? But either way they have to pay more personal income tax and dividend tax?

I don't understand, any accountants in the house?

unless they are married and the money doesn't matter anyway plus tax relief if you are married

Yeah they will pay 20% Corp tax on all their companies so really it doesn't matter whos company it will go under. They will have a shared bank account so they can just pay it out of that and put money into Dan Howell Ltd. (nothing wrong with that)
I would say that both Dan and Phil are employees on each others companies anyway. If DAPG is under Dan, I would say Phil is paid a salary for his earning and probably pays 20% tax. He is definitely not a director so can't get a dividend (and pay the bloody dividend tax, don't get me started on that)

(and none of that probably helped because it is a hard situation that I have no experience in! Gosh I wish I did accounts for youtubers to see how much goes on. Maybe in the future or I move to London)

btw seen the accounts for IRL digital and Fuck me they are doing well for the merch side. Dread to think what they actually earn themselves!

IckleMissMayhem wrote: Also: the lesser-spotted hobbit-haired Phil!

kuensukki wrote: Dan on the other hand is a chronic oversharer. He shares alot to his viewers so he probably struggled to understand phil's viewpoint on privacy in a relationship. I think as the charlie/stephen and pj/mememolly break ups happened, it seemed to cement the idea that the best way to avoid messiness is to keep it private. Dan's sexuality though is something personal only to him. He has a right to share it and I don't think Phil minds but Dan understands the potential of Phil coming out indirectly because Dan comes out. With all the speculation surrounding phan, vday video and all that it wouldn't be a stretch to make assumptions. They really are in a difficult situation if Dan is ready but weary/understanding of Phil's ideas/unwillingness to share something he thinks should be kept private.

fancybum wrote: Whatever, I'll find it really funny if AmazingPhil gets claimed by DanHowellLimited next. Can network/channel fanfic be the next big thing please.

IckleMissMayhem wrote:

fancybum wrote:

fancybum wrote: Whatever, I'll find it really funny if AmazingPhil gets claimed by DanHowellLimited next. Can network/channel fanfic be the next big thing please.

I just thought 'Claim Me Dad(dy)' should be the title and started laughing. At my own 'joke'.
Time to .

somelikeitpink wrote:

IckleMissMayhem wrote: Also: the lesser-spotted hobbit-haired Phil!

Somebody try and tell me he doesn't look like cumberbatch in that picture..

But jesus if thats real, he looks amazing.

SquishPhan wrote:

Kathrynxjane wrote: btw seen the accounts for IRL digital and Fuck me they are doing well for the merch side. Dread to think what they actually earn themselves!

This intrigues me. I always want to know what Youtubers really earn, but they also obviously deserve their privacy. So I'm always torn on that subject. I'm still nosey af though

akui wrote:

Kathrynxjane wrote:

akui wrote:

daichii wrote: re: channel network stuff, it wouldn't really surprise me if they built their own one. At least Phil's bro is managing other yt shops and it would be a nice way for them to stay in the yt scene even if their fame goes away. It is weird tho that the network is only danhowelllimited. I would guess Phil would put AP and LAP under amazingphillimited to give themselves more freedom and of course cash.

To me dapg being under Dan ltd doesn't make sense at all? Because all of their companies are limited company which means they pay 20% cooperate tax no matter what. So as the only shareholder, Dan either get all the money from dapg or Pay Phil as an employee? But either way they have to pay more personal income tax and dividend tax?

I don't understand, any accountants in the house?

unless they are married and the money doesn't matter anyway plus tax relief if you are married

Yeah they will pay 20% Corp tax on all their companies so really it doesn't matter whos company it will go under. They will have a shared bank account so they can just pay it out of that and put money into Dan Howell Ltd. (nothing wrong with that)
I would say that both Dan and Phil are employees on each others companies anyway. If DAPG is under Dan, I would say Phil is paid a salary for his earning and probably pays 20% tax. He is definitely not a director so can't get a dividend (and pay the bloody dividend tax, don't get me started on that)

(and none of that probably helped because it is a hard situation that I have no experience in! Gosh I wish I did accounts for youtubers to see how much goes on. Maybe in the future or I move to London)

btw seen the accounts for IRL digital and Fuck me they are doing well for the merch side. Dread to think what they actually earn themselves!

Yeah but Dan is the sole shareholder and the director so he doesn't need to pay dividend to himself he can just invest but if Phil is employee he have to pay Phil and then Phil have to pay income tax.

But If it's under dapp ltd they are both shareholders, if they don't pay dividend, wouldn't that mean they don't have to pay tax? Help I've only been in business school for 4 weeks i don't know shit yet.

I saw that too much honestly slightly disappointed cuz i thought they supposed to be swimming in golden coins McDuck style but clearly not they are just normal people

fakelights wrote:

IckleMissMayhem wrote: Also: the lesser-spotted hobbit-haired Phil!

Yeap, it's real. It's a picture with a fan who stalked met them, but apparently only Phil accepted to take a photo with her?! Something like that. It's from their holiday in 2014 (August, I think?).

akui wrote:

Kathrynxjane wrote:

akui wrote:

daichii wrote: re: channel network stuff, it wouldn't really surprise me if they built their own one. At least Phil's bro is managing other yt shops and it would be a nice way for them to stay in the yt scene even if their fame goes away. It is weird tho that the network is only danhowelllimited. I would guess Phil would put AP and LAP under amazingphillimited to give themselves more freedom and of course cash.

To me dapg being under Dan ltd doesn't make sense at all? Because all of their companies are limited company which means they pay 20% cooperate tax no matter what. So as the only shareholder, Dan either get all the money from dapg or Pay Phil as an employee? But either way they have to pay more personal income tax and dividend tax?

I don't understand, any accountants in the house?

unless they are married and the money doesn't matter anyway plus tax relief if you are married

Yeah they will pay 20% Corp tax on all their companies so really it doesn't matter whos company it will go under. They will have a shared bank account so they can just pay it out of that and put money into Dan Howell Ltd. (nothing wrong with that)
I would say that both Dan and Phil are employees on each others companies anyway. If DAPG is under Dan, I would say Phil is paid a salary for his earning and probably pays 20% tax. He is definitely not a director so can't get a dividend (and pay the bloody dividend tax, don't get me started on that)

(and none of that probably helped because it is a hard situation that I have no experience in! Gosh I wish I did accounts for youtubers to see how much goes on. Maybe in the future or I move to London)

btw seen the accounts for IRL digital and Fuck me they are doing well for the merch side. Dread to think what they actually earn themselves!

Yeah but Dan is the sole shareholder and the director so he doesn't need to pay dividend to himself he can just invest but if Phil is employee he have to pay Phil and then Phil have to pay income tax.

But If it's under dapp ltd they are both shareholders, if they don't pay dividend, wouldn't that mean they don't have to pay tax? Help I've only been in business school for 4 weeks i don't know shit yet.

I saw that too much honestly slightly disappointed cuz i thought they supposed to be swimming in golden coins McDuck style but clearly not they are just normal people

Lurktacularr wrote:Edit - never knew details about that stalking thing. Good on Dan for refusing a pic with her. Fucking embarrassing, reminds me of that girl who vlogged the whole process of stalking them (too lazy to find a link). Those girls need to do less... so much less.

IckleMissMayhem wrote:and now I feel bad for further sharing anything connected to scary-stalker-ness.

Kathrynxjane wrote: Dan doesn't have to pay any dividends but if he has a good accountant he should be both on the payroll to £11,000 income tax free then he can also get £5000 dividend tax free. It will be the same with Phil and Amazingphillimited. Both Dan and Phil have to complete a self assessment and most likely pay income tax on any dividends they take out of any company they own. Yes he will have to pay Phil and Phil would have to pay tax on that as well as any tax owed on the Dividends from his own business
I can't see them not pay dividends as that is the best way to get money out of your company (well it used to be until the Dividend tax came about and I will tell you when I do a tax return!)

Ugh that makes perfect sense to me but I always find it hard to explain it. Will never be a teacher

Lurktacularr wrote:[quote="


Kathrynxjane co-signed as the other chartered accountant of the IDB fam. [I think? Any others in the house *Ludicrous voice* stand up

akui they'll pay tax regardless of whether or not they pay dividends as it doesn't affect operating profit. Salaries affect it (i.e. reduce it) but since they're high earners its more tax efficient to do it through dividends. Our different understandings here may come from UK laws being different (you're from Aus right?)

Anyyyyyyway putting my calculator away to dribble over that pic of Phil. That has to be real right? It's a bang-up photoshop if not, the lighting is spot on.

Is it weird that I wanna see deppy driving because I think I'd find it attractive?

Edit - never knew details about that stalking thing. Good on Dan for refusing a pic with her. Fucking embarrassing, reminds me of that girl who vlogged the whole process of stalking them (too lazy to find a link). Those girls need to do less... so much less.