Recent content by latexot354

If you plan to continue or start making real money you can be audited and this will come back at you, read his reply to my post - he has no experience whatsoever

Could you list these costs please? LTD in UK costs £80-300 & you don't need an accountant on payroll. Register yourself as self-employed and your startup costs decrease by a lot. This is UK pricing now compare the prices in India :) Please do not spread false information especially if you have...

Are you looking to learn how to create apps yourself? If not then the obvious answer is to hire a freelancer because this is a simple task for any developer with 100+ hours experience

There will never be a special rule for crypto regarding taxation of goods and services. It does not matter if you get paid in gold, gift cards, USD, Euro or crypto. It will always be considered income from goods and services and will be taxed as such Get an accountant :)

This is one of the many problems while accepting crypto as a business though there is services like Coinbase for business to make the process easier If it's a legit business such as the one in your signature then consider forming a company or register yourself as one and use a business gateway...

Step 1. You need invoices or receipts for each business transaction anything else is considered a crime Step 2. Contact an accountant Response to 2- You will have to show the entire transaction chain if asked to so naturally doing just a part of it will cause legal questions and issues. If you...

I just read the job offer and these are my thoughts- There's no explanation about the OTE. How much do I make a client? What's the product? Geography? Restrictions? LUV? Budget? You're asking for someone with enough experience to run their own agency (looks like a requirement to be honest) but...

There's a very thin line. If you translate your content to a language that alone could qualify you to pay VAT from the first sale in that country if the language is exclusively spoken there. Example, if you have a store in English targeting UK then someone from Germany places an order this would...

There is one-stop-services such as EU MOSS (digital products) to report every connected country at the same place. I don't know of a physical product equivalent but your accountant should know :)

1. My fault I miss Amazon 2. Physical products is not included in UK EU MOSS and UK is no longer a part of EU. https://www.vat-germany.com/vat-registration/general-overview/

You can do this without any problems if you live in UK but you will have to register for VAT in each country you sell to

You are using Coinbase Commerce.. For tax purposes all incoming money requires an invoice or receipt backing the transaction If you care about moral, business or law you should refund your customer. There's no chance of keeping this money without future trouble