Bitcoin Forum

Bitcoin => Mining support => Topic started by: Saint! on August 21, 2013, 02:24:37 PM



Title: Setting up a company in the UK to Mine
Post by: Saint! on August 21, 2013, 02:24:37 PM

Couple of questions really.

Are there any UK miners about?

Are you paying Tax on any mining Profits?

Have you set up a company to mine under to avoid high tax, reclaim VAT etc? And can you offer any tips if you have?


Title: Re: Setting up a company in the UK to Mine
Post by: Trongersoll on August 21, 2013, 05:16:35 PM
To be a company, don't you have to make a profit?


Title: Re: Setting up a company in the UK to Mine
Post by: PatMan on August 27, 2013, 01:10:40 AM
Yes.

Not a chance.

Say nothing - just do it.


Title: Re: Setting up a company in the UK to Mine
Post by: HellDiverUK on August 27, 2013, 08:44:59 AM
Yes.

God no.

What?   ???  Setting up a company?  Tax?  Stop huffing the glue, man.  It's bad for you.


Title: Re: Setting up a company in the UK to Mine
Post by: PatMan on August 28, 2013, 10:31:52 AM
Yes.

God no.

What?   ???  Setting up a company?  Tax?  Stop huffing the glue, man.  It's bad for you.

 :D :D :D


Title: Re: Setting up a company in the UK to Mine
Post by: OleOle on September 13, 2013, 11:07:15 AM
Yes.

God no.

What?   ???  Setting up a company?  Tax?  Stop huffing the glue, man.  It's bad for you.


Classic! Best laugh I've had in ages! :D

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[No apologies for the grave dig, this thread deserves a bump.]