You are viewing a single comment's thread from:

RE: Accounting and counting down

in Galenkp's Stuff4 months ago

That's exciting, always worthy of a road trip!

You're right on the multiple source of income thing, complex, but diversification is important. I get the impression you do your tax yourself, not something I'd be able to do due to the complexity: Businesses, income streams and so on. I tax deduct the accounting costs in the following year's tax though so it's ok.

Sort:  

I don't know if you're doing this already. But if you declare/include your profits/income from Hive, maybe you can ask your accountant about additional deductibles. I've heard that YT vloggers can write their travel to different countries as an expense since they made a video of it.