Starting a business is a bold step, and with it comes a mix of excitement and uncertainty. The first year is often the most challenging, with many businesses struggling to navigate the demands of a competitive market. But with the right preparation and support, your business can not only survive but also thrive.
In a bid to bolster transparency and curb abuse within the UK corporate landscape, Companies House is gearing up to implement a series of groundbreaking measures starting March 4, 2024.
It is crucial for individuals and businesses operating in the Cryptocurrency space to understand exactly which Cryptocurrency transactions are taxable. Whether it’s Cryptocurrency received as employment income, mining rewards, buying and selling tokens, exchanging Cryptocurrencies, using them for payments, or giving them as gifts, each transaction may have tax implications.
Deciding between a sole trader and a limited company depends on several factors, such as your business goals, the level of control you want over your business, your personal financial situation, and the potential risks and liabilities of your business…
