Update 23 Jan 2024
Ripple posted a link 2 weeks ago (11 Jan) https://youtu.be/4LJIRvIDmVY to the unlisted video. It can only be found with a link :/
This answered my question(s).
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Hi folks,
I've searched and read through some of the threads that exist. The windfarm share I've purchased (Kirk Hill ) will go live some time next year, however I am unclear on how tax will impact me. There was a viewable video by the ripple team but its no longer accessible (not sure if this was deliberate), but I can't see it so..
I'm a high earner over the £100k threshold, and I do not get the tax free £12,500 because of my salary, though next year I will probably end up throwing a load of cash into my pension, I don't think it will reduce my income below 100k due to day to day living expenses (Mortgage etc.).
Since my purchase of the windfarm I've actually downsized my property too so I will be well below my original estimate(s). How is this going to impact me from a tax perspective?
Is there any simple calculation to estimate what I could owe? I've spoken to my accountant who is unsure of this too, so just wanted to get some more information so I could have them look it up on my behalf.
thanks in advance