Buying Crypto From Business Buying Crypto From Business
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  1. #1

    Should post faster


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    Default Buying Crypto From Business

    Hi Guys,

    I've always purchased Crypto personally but i'm considering buying via my limited company as a form of investment as i have a large cash surplus doing nothing for me.
    Can anyone give any advice on how they have bought crypto via their limited business ? and the broker used ?

    TIA

  2. #2

    Should post faster


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    Quote Originally Posted by eddie1507 View Post
    Hi Guys,

    I've always purchased Crypto personally but i'm considering buying via my limited company as a form of investment as i have a large cash surplus doing nothing for me.
    Can anyone give any advice on how they have bought crypto via their limited business ? and the broker used ?

    TIA
    Some of the other threads we've had on this might help.

    crypto site:contractoruk.com/forums/accounting-legal/ - Google Search

  3. #3

    Contractor Among Contractors


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    Default

    Short answer - don't do it. If you want to buy crypto currency, do it with personal funds.

  4. #4

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    Default

    Quote Originally Posted by eddie1507 View Post
    Hi Guys,

    I've always purchased Crypto personally but i'm considering buying via my limited company as a form of investment as i have a large cash surplus doing nothing for me.
    Can anyone give any advice on how they have bought crypto via their limited business ? and the broker used ?

    TIA
    put it like this....
    if you could do it then we'd all be doing....

    buy BTC with company money.
    Keep the BTC in your own wallet.
    wait for another exchange to go bankrupt/get hacked.
    Claim that the coins were in said exchange.
    Claim CT relief on the loss.
    Keep the coins as nobody can prove you have them.


    EDIT: awaiting pscont to come along and try to find a way to make that work
    See You Next Tuesday

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