Episode #97 - It's Easy to Start a Business! On Small Business Reform (with Nimrod Foa)
Three operations a year - and you have a business. That's it. You don't even need a CPA.
The "small business" reform was born for people who want to increase their income without turning their lives into a bureaucratic project. In a short and focused episode with Nimrod Foa, we sort out: what is the difference between an exempt business (for VAT purposes) and a small business (for income tax purposes), what exactly will you save (advance payments, annual report, capital declaration, come on, I'll reveal everything here!!), and how the state automatically "acknowledges" you 30% of expenses without receipts — and when it's actually less profitable (if your expenses are really high! Enough! I don't control that!).
In addition: what restrictions exist (current/past employer and family relatives), and how to set everything up online in the most "lazy" way possible.
In the episode we talked about:
Small business: What has changed and why is it a tool for expansion
Rule of thumb: expenses below 30% → usually profitable
3 actions a year and that's it: coordination Tax + Reports
A benefit not to be missed: a self-employed training fund (in addition to an employee)
The book "Investments for the Lazy" with fast delivery: https://lazyinvestor.co.il/book/
Come to the introductory class with the study program "Hand in Hand in the Financial Jungle": https://lazyinvestor.co.il/landing-pa...
Link to the budget management course: https://lazyinvestor.co.il/expense-ma...