RE: ADVICE REQUEST - Can you help me accept steem as a payment method for fresh truffles?
If you're considering this as part of your business then your accountant really needs to be across it. I'm not from the UK, however a couple of years ago they laid out some basics in this document which is fairly readable. But again you're going to need professional advice.
I wonder, if exiting the EU will change things though, as a lot of the initial legislation was designed to be in-line with the rest of the EU.
It also depends on the how payments are 'received' within the business. The easiest method would be a payent processor that only deposits in fiat. This means you could offer steem/bitcoin/whatever payments and only have to report the fiat income as usual. I believe these exist for bitcoin (but i haven't used) Finding one that supports Steem is going to be more difficult this early though.
The tax compliance stuff is the trickiest part. check out this post by @einsteinpotsdam on how they're accepting steem in their store already.
Thanks for your advice, and the link to the einstein's post (although I think the mechanics of online sales is a bit different to in-person).
I think you're right about accepting payments in fiat from a payment processor being the easiest way to go about it. I wonder if bitpay or someone will begin to accept Steem. To be honest though, I'd rather just keep things in crypto if possible... Ideally I'd like to convince my supplier to accept it too.
I've just talked to my accountant and they say that there is someone else within the company who has got experience in clients accepting crypto, so I'll have a talk with him and see if he sounds like he is on top of it.
Personally I doubt they'll change the laws on crypto post-brexit, but it's over 2 years before that takes effect anyway.