As of 1 January 2018, the new Unemployment Security Act amendment came into effect in Finland. The new changes brought to the unemployment benefit lower the threshold for starting light entrepreneurship as an unemployed jobseeker. The new amendment allows unemployed jobseekers to receive unemployment benefits automatically for four months while already engaged in entrepreneurial activities. In other words, the primary…
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A painter can deduct the paint they use, but not the ladder. Entrepreneurs periodically confuse costs with expenses. In this post we’ll explain what expenses and tools can be deducted from your taxes and what is considered the cost of doing business. What are expenses? The idea of the expenses is as follows: A painter paints his client’s living room…
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In a response to growing demand from its users, finnish umbrella company UKKO.fi has added bitcoin as a new payment option. In co-operation with Bittiraha.fi, it is now possible to get paid in bitcoins. “Having received a great deal of inquiries concerning a possibility of bitcoin payments from our users, we decided to make it an option. The first users…
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