Buying Crypto From Business

[eddie1507]

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

[NCOTBAC]

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

[Maslins]

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

[Lance]

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