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RE: Showreel editing | Hive price distraction

in Filmmakers2 years ago

Thanks man! Always a very balanced and considered comment from your fine self.

Yeah to cash out for some gear would be great.
I think I need to seek some guidance as I’ve never cash out to Fiat before.
I’m not sure of tax implications and such.

I’ve no doubt the price will see have many more great days!

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I spent some before via a debit card that takes crypto, but the current one is not allowing deposits due to UK regulations right now. I need an alternative option. I'm not sure what the tax issues are. It's income that was earned, but is sort of 'magic money'. If you need it to go through your business then need an accountant who understands crypto. I think smaller transactions will not attract attention.