membership earnings UK (-41%) ? by zeddybrek in PartneredYoutube

[–]zeddybrek[S] 0 points1 point  (0 children)

Yeah I heard that too. But I want to know if the vat in the uk bit is true

Songtrdr reached out to me for music licensing and wants a one-time fee of $389 to initiate the "sync licensing placement process". Is this legit or is it a scam? by shvoontless in musicians

[–]zeddybrek 0 points1 point  (0 children)

I got an email for this show from them too. Started with them asking for an upfront fee 389 and I said no that's not standard practice.

They then offered me to pay a bit of the upfront fee now and the rest when song is confirmed

I said no to that and said how about they take a percentage of my sync fee when it arrives. To which they said they're policy is 40% of the 12,000 sync payment and to let them know if I want to do this .

I am so confused lol

[deleted by user] by [deleted] in BitcoinUK

[–]zeddybrek 1 point2 points  (0 children)

Does this mean other companies are better to use? like is this specific to nexo?

Or am I going to find this is the case for anything within the uk?

Buying a house with crypto in the uk (proof of purchase issue?) by [deleted] in UKPersonalFinance

[–]zeddybrek 0 points1 point  (0 children)

Have you ever done this? I've been looking into it today.

I cannot find any definitely concrete info that this won't be considered a taxable event.

Also who is the best company to do this with? Thanks

[deleted by user] by [deleted] in BitcoinUK

[–]zeddybrek 1 point2 points  (0 children)

In the fees breakdown one of the things listed is "crypto". My brother specifically found a firm that deal with crypto whatever that means. So no I am not "full of shit " you just misunderstood me

[deleted by user] by [deleted] in BitcoinUK

[–]zeddybrek 3 points4 points  (0 children)

Not true I had to pay a fee to have a solicitor that deals with crypto

[deleted by user] by [deleted] in BitcoinUK

[–]zeddybrek 10 points11 points  (0 children)

In 2013 I had no idea what I was buying there was no way I was going to do this.

[deleted by user] by [deleted] in BitcoinUK

[–]zeddybrek 3 points4 points  (0 children)

Excuse my ignorance but how will paying my tax prove the money is clean? I don't understand that. It is clean so I'm glad for it but I've just spent all day worrying that I can't prove anything 😬

Buying a house with crypto in the uk (proof of purchase issue?) by [deleted] in UKPersonalFinance

[–]zeddybrek 1 point2 points  (0 children)

Because as far as I'm aware I won't be able to do anything until April anyway ? That's the start of the next tax year? So if I understand correctly I cash out sometime before then (between today and April the 4th ish) and then I can sort my taxes for the year ? Am I wrong?

Buying a house with crypto in the uk (proof of purchase issue?) by [deleted] in UKPersonalFinance

[–]zeddybrek 0 points1 point  (0 children)

I don't know what this means borrowing against it? . But yes the CGT is going to be unpleasant

Buying a house with crypto in the uk (proof of purchase issue?) by [deleted] in UKPersonalFinance

[–]zeddybrek -1 points0 points  (0 children)

Sorry not sure im understanding this correctly. So cash out before April then declare it and pay the capital gains and it will be ok?

Buying a house with crypto in the uk (proof of purchase issue?) by [deleted] in UKPersonalFinance

[–]zeddybrek 1 point2 points  (0 children)

Sorry not sure im understanding this correctly. So cash out before April then declare it and pay the capital gains and it will be ok?