Inside scoop: the pub group who owned that pub (still going, owns four in Cambridge and environs) was cofounded by Steve Early, a Cambridge computer scientist who wrote his own POS software, so it was very much a case of "yeah, that sounds like fun, I'll add it". (Until tax and primary rate risk made it not fun, so it was removed.)
For anyone who takes doing their taxes seriously, this is a nightmare. Every pint ordered involves a capital gain (or loss) for the buyer. At a certain point you're doing enough accounting that you might as well be running the bar yourself (or just paying in cash)!
Inside scoop: the pub group who owned that pub (still going, owns four in Cambridge and environs) was cofounded by Steve Early, a Cambridge computer scientist who wrote his own POS software, so it was very much a case of "yeah, that sounds like fun, I'll add it". (Until tax and primary rate risk made it not fun, so it was removed.)
The POS software's on GitHub: https://github.com/sde1000/quicktill
That's brilliant insight, thank you. I enjoyed reading Steve's extensive read me.
Also I'm planning a trip to Cambridge so I've bookmarked one of the pubs for a visit.
For anyone who takes doing their taxes seriously, this is a nightmare. Every pint ordered involves a capital gain (or loss) for the buyer. At a certain point you're doing enough accounting that you might as well be running the bar yourself (or just paying in cash)!
Depends. If you hold crypto for more than a year in Germany, gains are tax free.