Hello,
Just starting out and I'm really unsure what to do.
My current scenario: UK resident and I keep all my money in crypto. All my money comes from withdrawing bitcoins in Eastern Europe as they have Bitcoin machines that are fully anonymous. I want to reinvest around 20-40k a year in the UK for stocks.
So what would be the best way to run crypto through a company and then later pay myself. Would there be any issues with the offshore company or the UK HMRC if I only sell bitcoins and wire them to myself as a means of "salary" or a "contract".
Would really appreciate if you guys could point me in the right direction, as I'm really confused what to do
Just starting out and I'm really unsure what to do.
My current scenario: UK resident and I keep all my money in crypto. All my money comes from withdrawing bitcoins in Eastern Europe as they have Bitcoin machines that are fully anonymous. I want to reinvest around 20-40k a year in the UK for stocks.
So what would be the best way to run crypto through a company and then later pay myself. Would there be any issues with the offshore company or the UK HMRC if I only sell bitcoins and wire them to myself as a means of "salary" or a "contract".
Would really appreciate if you guys could point me in the right direction, as I'm really confused what to do