@germany_iam Its also pretty useful for people going to Frankfurt, Karlsrue or Strasbourg. People often forget that the purpose of high speed intercity train lines is often the places in the middle they connect.
@maxkarpis As always, the really interesting data is the adoption rate of features. We all use it for p2p payments, how many then migrate to using it for daily banking, investing, crypto, flight booking, shopping etc is the key question.
@MaeveHalpinCoun If an American moves to a jurisdiction that has lower tax than their home (Monaco, Dubai, etc etc) they have to pay income tax back home on the delta. So yes they vote from abroad, but they also pay taxes from abroad. No one else does that.
@thepaulwilliams I think Wales just need to buy in Paul. It always feels like the WRU and fans are looking for radical quick fixes. Shut down regions, move leagues, etc etc. When they just need to build on the good growth at the blues etc, and be stable. That's what Italy have done.
@RugbyPhilBB You need to apply the 30 pounds to tickets sold too. Say you want the tickets that were 60 to be thirty. But they did successfully sell 20k tickets at 60, well then they did make more revenue with their pricing strat.
Tickets should be cheaper, but it won't always mean more cash
This is a sensible suggestion from @monzo founder Tom Blomfield. In the startup community I always hear "jokes" from founders about relocating to low CGT environments before exiting, and it's not fair.
It's also great to see him advocating for paying tax in the comments.
Taxing unrealized gains is bonkers.
But accruing tax on unrealized gains makes a lot of sense.
I built @monzo when I lived in the UK and accrued a lot of (paper) gains during that time.
I now live in California and will pay US & California capital gain (38% π€¦ββοΈ) if I sell shares. But I wonβt pay anything in the UK.
If Nik from Revolut sells shares as a Dubai tax resident, he will pay 0% capital gains.
I feel like we both benefited enormously from the UK and we have a duty to give back.
Entrepreneurs should be required to keep a record of their tax residence and the fair market value of their shareholding each year, and then pay capital gains proportionately when they sell.
The US solves this by taxing their citizensβ worldwide income, regardless of residence.
@KevBeirne I get this take. And I see it so many places.
But voting in America seems quite a bit easier than here in some places? Postal voting for all? Polling stations opened days in advance? I saw a girl on CNN who registered to vote in the station on the day. All insane in Ireland.
@daraobriain Dara I know you're UK based these days, but the Irish elections take *days* it took almost a week to count the MEP votes back in June. https://t.co/ulTZE4u07o
@aidanbreen For what it's worth, major professional services firms have consultants (including software consultants) sitting on the bench from time to time.
@csuitecounsel@maxkarpis Ireland is probably the country that has the most interesting data on vertical growth within revolut, but they don't report on it.
It's the country where revolut has been ubiquitous longest. I'd love to know if average revenue per customer is higher there.
@thepaulwilliams I'm trying to imagine URC Redzone. All 8 games kicking off at the same time. Camera only flicking to games where the ball is in play and the attacking team is in their opponents 22.