Holding Your Crypto In A Company Vs As An Individual? Interview With An Expert, Part 1
What are the benefits of adding crypto to a company’s balance sheet? Is it becoming easier to invest in crypto through a company? Centralisation (custody, banks) vs decentralisation (DeFi, permissionless) What tax is due on crypto for a business (capital gains tax, corporation tax)? Do you still get the AEA allowance of £3k that you can claim against your crypto gains as a company? What is the advantage of staking as a limited company vs as an individual? Do you get the AEA, £3,000 as a company that you get as an individual? What might be the implication of the UK Autumn budget on crypto tax? Does dividend tax or a director’s loan apply if you want to sell crypto and take money out of the company? Is adding crypto to a company’s balance sheet seen as a disposal and therefore the individual needs to report capital gains? What is the bed and breakfast rule, section 104 pooling? What is the global company, Nephos Group, that offers services such as wealth management, corporate structuring, offshoring etc.? Who is its CEO and founder, Joe David? What is one of the leading UK crypto accountancy firms, Myna? That is what we cover in part 1 of this 2-part series on holding crypto in a business rather than as an individual investor. ********************************************* It has never been more important to educate yourself financially. Contact James here or via e-mail (available on the channel's main page) if you are interested in 1:1 crypto coaching: https://x.com/coinknowledge1 / coinknowledge / thecoinknowledge ********************************************* If you are interested in working with Nephos and Myna on getting specific crypto tax advice based on your personal circumstances from a leading crypto tax company, or one of their other services such as wealth management, restructuring, offshoring etc. please find below a direct link to enquire with them. Use my name and YouTube channel as who referred you, so they know you have come from here: https://nephos.typeform.com/coinknowl... ********************************************* Create your free automated crypto tax account with Koinly here: https://koinly.io/?via=DAECAFCC&utm_s... ********************************************* Securely store, manage, and protect your cryptocurrencies with an open source Trezor hardware wallet app & backup solutions. An excellent and one of the best cold storage options in my opinion. https://affil.trezor.io/SHZy ********************************************* Chapters: 0:00 - Intro 1:25 - Meet Joe David, CEO of Nephos Group & Myna 4:14 - Question 1 8:11 - Question 2 11:45 - Question 3 16:24 - Question 4 20:49 - Question 5 26:27 - Question 6 28:51 – Closing Thoughts Disclaimer: The information contained in this video is for informational purposes only. Nothing shall be construed as financial advice. The content is solely the opinions of the speaker who is not a licensed financial advisor. The speaker does not guarantee any particular outcome. This is to confirm that I am not liable for any third-party services or interactions that you enter. Links included in this description may be affiliate links, for which I will receive a commission if you decided to purchase a service or product through that company. #cryptobusiness #crypto #cryptotax #wealth

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