Tax Consultations in Israel

Shmuel Brodetsky, C.P.A., which you can find at the following link: https://auditing.co.il/en/ , provides consulting services on taxation in Israel. We will tell you about the main taxes in Israel and the benefits and privileges available to those who want to start a business in Israel (https://auditing.co.il/en/bookkeeping-services/business-in-israel-for-foreigners/ ) or to new immigrants.

Types of taxes in Israel

We can group taxes in Israel into four main groups.

  • Direct taxes are taxes paid on income and on real estate. Among these taxes is corporate income tax, profit tax on the sale of property, tax on owners of undeveloped land plots, land purchase tax.
  • The main indirect tax is the value-added tax. This group of taxes also includes import duties and purchase tax.
  • The social insurance fund comprises employer contributions from employees’ wages, part of the employees’ own salaries, and part of the income of the private entrepreneur.
  • Municipal taxes include charges for water use, garbage collection, and other utilities.

Income Tax

You as a business owner who is interested in starting a business in Israel, and about this you can read: https://auditing.co.il/en/bookkeeping-services/tax-consultations/ , will be important to know that the leading place among the taxes is the income tax. This concept combines several taxes: corporate tax, tax on profits from the sale of property, income tax on personal income.

Corporate income tax is levied at a rate of 36%. Profit is defined as the difference between the income received, and the expenses associated with the receipt of this income. And it is determined based on activity for the year. A fiscal year, which coincides with the calendar year, is established. Since the calculation of the actual profit is carried out yearly, then during the year advance payment is made monthly or once in two months, which goes to the fund …

5 Ways to Become a Real Estate Investor with Low Income

Real estate is the proper investment to get into and this is due to the benefits that can be gotten from it. For example, an investor is open to equity build-up, depreciation profits, land appreciation, and leverage. But can you invest in real estate even with your low income?

With little or no money, there are enough opinions on UK.collected.reviews to believe you can. From rendering real estate service to real investment, here are ways to go about becoming an investor.

1.  House Hacking:

From the surface meaning, you may think house hacking is house stealing or any other negativities that surround ‘hacking’ as a term. But far from it, house hacking in this context means you are putting your house up for rent. It could be part of your house or the whole of it. It could be your bedroom or any other units of your house. This can be done with little or no money at all. Understanding this is what you need to begin.

2.  Master Leasing:

In today’s world, you don’t really need a house or grand money to begin real estate investment. There is a technique called master leasing where you can rent out your rented rooms or apartments. Say, for instance, you bought an apartment and there are still rooms unused in the apartment, you can negotiate with your landlord to let you sublease the unused rooms with others and make more money from the venture. Once you’ve gathered enough money, you can decide to go for an option to buy your rented apartment at an agreed period.

3.  Real Estate Crowdfunding:

Since you don’t have the means, you can join other investors to source for investment funds. This process is known as real estate crowdfunding. There are agencies into this option as well as there …

PrimeXBT: A bitcoin-based margin trading platform with a lot to offer (2022 review)

PrimeXBT is a Bitcoin-based multi-asset margin trading platform that, while built on the foundations of the traditional market, is geared towards diversifying advanced trading tools, instruments and products.

The platform allows its users to operate with more than 50 trading pairs, with leverages that can reach 100x in Cryptocurrencies and up to 1000x in other trading instruments, 24 hours a day.

This large number of trading instruments, as well as its high leverage, makes it stand out from many similar platforms with more time in the market such as Binance or Bitmex.

It is important to note that, when choosing a trading platform like this, there are many variables that we must take into account, since not only the variety or quantity of products and instruments guarantee their quality and effectiveness.

Next, we will review this platform and discuss the advantages and disadvantages of trading with it.

PrimeXBT Overview

PrimeXBT is a margin trading and trading platform, founded in 2018 in the Seychelles Islands, which also has offices in Saint Vincent and the Grenadines and Switzerland. It enables its users to trade with leverage in Bitcoin, other cryptocurrencies, and a wide variety of traditional financial instruments ranging from currency markets to precious metals.

In addition, it offers its users other elements including its friendly interface, a simple registration process (not KYC) that only requires an email, multiple languages ​​(including Spanish), high levels of security, very low commissions and a great liquidity.

Recently PrimeXBT was voted the best Bitcoin margin trading platform in the ADVFN International Financial Awards 2020, it was also awarded as the best cryptocurrency trading application and the best Forex and Cryptocurrency broker.

Trading tools

PrimeXBT has a set of trading tools and features that make it a high-level and competitive option, supported by elements such as …

Cryptocurrency wallet problems, solutions, prospects

Despite the fact that cryptocurrency is extremely popular, many more people have heard about it than they personally used directly. There are several reasons for this situation, for example, the need to use special software, cooperation with organizations working in the field of blockchain, and just the tendency of half of humanity not to trust everything new.

In such a situation, it will not be superfluous to talk again about some issues of using cryptocurrency, especially since the constant development and change of the cryptocurrency sphere changes many important aspects.

Cryptocurrency wallets and their problems

Since explaining all aspects of using cryptocurrency would take a whole book, we will focus on such an absolutely understandable and mandatory issue for everyone as the storage of cryptocurrency. Even if a person intends to simply purchase cryptocurrency and store it “under the mattress,” the cryptocurrency will be stored in a specialized cryptocurrency wallet. In fact, they are of two types, online and offline, but as life more and more goes online, we will not lag behind progress, and we will consider the current situation and trends in the development of online wallets.

In essence, an online cryptocurrency wallet is a specialized service provided to online customers. You are partnering with a company that safely stores your cryptocurrency and provides you with access to it. Now most of the problems with storing cryptocurrency have actually been resolved, it is enough to choose a reliable and modern wallet. For example, Onuranic, a little further we will tell you why we recommend it.

However, there are some issues that need to be addressed. At the moment, the most acute issue is the return of cryptocurrency, or rather the lack of such an opportunity. That significantly hinders the development of cryptocurrency and the expansion of the scope …

Building an App like Clubhouse

It took just a few weeks for Clubhouse to become the most downloaded app in the App Store. Its popularity surpassed even TikTok.

The peculiarity of the social network is communication by voice. Interest in the application was fueled by a certain mystery associated with the fact that not everyone can join it. An invitation from existing members is required. In this sense, the creators of Clubhouse, Paul Davison and Roen Seth, created the maximum intrigue, and everyone wanted to become members of a closed club. In less than a year of existence, the value of Clubhouse was estimated at a billion dollars.

At the very beginning, only stars and influencers joined the closed community. Even Elon Musk and Mark Zuckerberg are among them. The voice method of communication creates the illusion that you are talking to your idol live. You involuntarily want to come up with something like Clubhouse, right? Looking ahead, let’s say that it is quite possible to implement such an idea. There are teams and resources like https://agilie.com/en/blog/voice-chat-app-like-clubhouse-how-to-create that can help. But first things first.

How Does Clubhouse Work?

Communication on the site takes place in audio format in real-time. Only some chats can be recorded with the permission of moderators. Conversations take place in separate rooms ­ audio chats. There are speakers who have been given the floor, as well as listeners and moderators. If someone decides to become a speaker, he/she needs to raise his/her hand and wait for the approval of the moderator.

Each chat is dedicated to a particular topic. You can immediately see it in the name of the room. This enables participants to find topics of interest on the service. They also see which rooms the people they follow are visiting. Yes, in Clubhouse, you can also collect an army …