IoT Financial

One treasury lesson a week for small companies in the UK and the US. Each issue: one concept, one sourced update, one tool or template. Calm, sourced, no price talk. Free. One short email a week. Unsubscribe at any time. iotfinancial.net/newsletter/

A company wallet holds separate coins, or UTXOs. In a 2 of 3 multisig each coin spent carries two signatures, so many small coins cost more to spend. Consolidating when fees are low can help. Trade-off: it shows on chain they share an owner. iotfinancial.net/learn/bitco…

US founders: for QSBS stock acquired after 4 July 2025, the exclusion is 50% after 3 years, 75% after 4 and 100% after 5. A large bitcoin treasury could push a company below the 80% active business test. Our reading, with sources: iotfinancial.net/learn/qsbs-…

Before a company buys bitcoin, its policy should cover eight things: purpose, protected cash, allocation caps, approvals by role, custody, accounting and tax, review and incidents, and public statements. Free policy checklist: iotfinancial.net/newsletter/… Education, not advice.

Not every small business is a limited company. A sole trader, partnership, LLP, LLC, S corporation or charity holds bitcoin differently. Who owns it, and who pays tax on a gain, form by form, UK and US: iotfinancial.net/learn/bitco…

A company node checks the chain itself and keeps wallet address queries away from a public server. It also holds no keys. If the node is lost, no bitcoin is lost. Back up the keys and wallet descriptor, not the node. iotfinancial.net/learn/runni… Education, not advice.

In England and Wales, a will that has gone through probate can be found and ordered by the public. In many US states, probated wills are public court records too. So recovery words never go in a will. What a letter of wishes can do instead: iotfinancial.net/learn/owner…

A treasury policy should survive the person who wrote it. Record who can approve a purchase, who controls the keys, and what happens when someone leaves. Start with a free template: iotfinancial.net/template/ Education, not advice.

A bitcoin backed loan does not pause for the weekend. Name who watches the LTV, who can meet a margin call, and whether the lender may reuse the collateral. The risks to check: iotfinancial.net/learn/borro… New 60 second Short: youtube.com/shorts/lzpMVWsDy… Education, not advice.

Making Tax Digital for Income Tax: from 6 April 2026 for qualifying income over £50,000, then over £30,000 from 2027 and over £20,000 from 2028. Limited companies are not in it. Where bitcoin gains and payments fit, UK only: iotfinancial.net/learn/makin…

Address poisoning plants a look-alike in your wallet history. Never copy a destination from that list. Use a saved, labelled address book confirmed with the recipient. iotfinancial.net/learn/sendi… Education, not advice.

Every Thursday: one treasury lesson for small companies in the UK and the US that hold, or are thinking about holding, bitcoin. Sign up once and we email you the whole free template library: policy, board papers, custody and accounting. iotfinancial.net/newsletter/…

If your company's wallet uses a public server, that server sees every address the company watches. Point the wallet at the company's own node and it stops telling outsiders. A node holds no keys. If it is lost, no bitcoin is lost. iotfinancial.net/learn/runni…

Before directors decide on bitcoin, they should read a paper. Our free outline has nine sections, each linked to the guide that helps you fill it in. It states the recommendation first, and it can recommend not going ahead. PDF and Word: iotfinancial.net/learn/board…

A caller who knows your company's details is not proof they are genuine. Stolen customer data can be used to impersonate a provider. Hang up and contact the provider through details you already hold, not those in the message. iotfinancial.net/learn/bitco…

Neither Xero nor QuickBooks Online tracks bitcoin as a currency. The practical approach: keep a separate bitcoin log and post journals in your base currency. Accounts, journals and month end steps, UK FRS 105 and 102, US ASU 2023-08: iotfinancial.net/learn/xero-…

UK companies rebalancing bitcoin: selling and buying back within a few days can bring in HMRC's same day and ten day matching rules, which change which costs are used. The gain may differ from a simple pool figure, so check with your accountant. iotfinancial.net/learn/selli…