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Thanks Crusty - So the bit I was unsure of was how long you had to make the capital gains to benefit from it. So it needs to be be either in the same tax year or the year straight after?
If you do not have any CG over £12,000 by the end of the following year it is gone is that right?
I would phone the HMRC and ask if the only way to book a loss is to do a self assessment which I think it is.
You can 100% book the loss. But I don't think you will get it back Via PAYE. It will be offset against any future Capital Gains Tax that is due. So in order to start getting it back you will need to have successful Investment that you are cashing out off. You get £12,000 tax free - So if you make over £12,000 in profit from an investment after that you would be due to pay the CGT. If you book this loss then in theory you can make more the £12,000 annual allowance in Capital Gains and still not have to pay the CGT due to the loss.
If that is not looking good in stocks maybe if you ever have a property to sell you will benefit then. I have no Idea how long the loss stays on the books these are all questions for HMRC. But Hope that helps a little Bit.
Also happy to be corrected if anything I have said there is not correct. This is the first time I have a to book a significant loss so was looking into it the other day.
That price is wild - Why is it that they do not just call it fruit Flow? - Patented plant extract – A breakthrough ingredient that contributes to healthy blood circulation, helping reduce stress on your cardiovascular system.
Can anyone actually explain what is currently going on with the company?
So we voted to wind up the company and return monies owed to the shareholders which should have come to 1.2 P Per Share which was a no brainer. But is that really what is going to happen.
Are we still paying the board and associated costs of running a company out of the Money that is supposed to be returned to us? In which case for how long if we have removed them of their duties.
I understand there will be some associated costs with keeping an active company until the monies received can be paid to us but surely we are no longer paying the BODS salaries as they have nothing to do and there will be no money left?
If the company is being wound up and we are just waiting for monies owed to be paid and returned to us how come you can still by shares 0.3P surely you should no longer be able to buy and sell shares in a company that is being wound down ?
There has been no communication from the board or the shareholder group that forced this action about what is now happening and what and when funds will be received by the shareholders - Can anyone enlighten me on any of these points Please
I understand that staking is not a cash reward you earn more tokens - But from what I can see they are not being added to our holdings of the coins that are being staked. Maybe I am wrong maybe they are. That is what I am saying Clarity over what is being staked and what is happening to the rewards would be very helpful. Maybe I am just missing something. Is anyone else more clued up than me on what happens to them?
Surely it is revenue that is owned by the company so every penny should be accounted for - But it seems to just disappear only to be used for the odd seed funding round. Which is great when are bring in TIAs. But you would have thought they would need to explain what the money is being used for. Even if it is just being used to pay their wages and for New Investments. Feel The lack of shareholder clarity on this Issue is a major drawback. If they would use staking money to pay increasing dividends this would be arguably one of the most promising share available
"Staking involves locking coins in a cryptocurrency network in return for rewards. Doing so with TIA on native platforms yields between 15% to 17% annually, minus fees, to users."
Does anyone know what percentage of a holding is likely to be staked presuming it would only be a small Percentage of holding. Correct me if I am wrong but if they staked 100% of the holding at 15% returns they would be making over $1 Million Per Month from Staked Tia alone right?
Have just topped up here - Aiming to have 10,000 shares before Bull Run really Kicks off. The only downside to this share is that they do not return staking rewards to shareholders as a dividend. They should be more transparent with what happens to that revenue.
Okay cool well I have doubled my money in 2 months and that is before the bull run has started and multiple coins still to list - You can stick with Argo which is 100% a scam. KR1 offers the Chance of the sort of retur
Too add to the Below - KR1 also contributed 250,000 DOT to the Interlay crowdloan campaign which will be returned next month too.
If KR1 decide to stake these, using the native staking rate currently at 15% and assuming weekly compounding of rewards, this will generate a total of 40396 DOT rewards in 1 year.
At current price of £5.25 per DOT thats an additional value of $212078 - that would take staking revenues over $700,000 per month - I am not ramping here Providing info to those that might be interested - Add TIA staking to that will no doubt be over £1 Million a month and as staking revenues returned in actual coins rather than cash in a bull run this has the potential to go up multiple X this is both the staking revenues and the and the NAV
i am happy for them to take 20% when they are turning £500,000 investments onto £36,000,000 million on just one of the many coins they have seed funded - i certainly have no ability to do that. they also only take this when they increase the nav - my understanding is at least a few more of the coins or projects yet to list never mind the increasing staking revenues as prices increase in the bull run - do your own research but would rather let these guys have there 20% than try and outperform them with my own limited knowledge - never mind the fact that if it is in an isa you would save the 20% cgt - for me a know brainer. let the experts do the work for me. did the research and the business model seems a 1000 x better than investing in a miner that has to continually invest to stand still - these guys are tuning 500k investments into £36,000,000 - the coin they did that in is tia. this a fact. so for that i think the directors are within there rights to take 20% - nobody other than them have the ability to do that and new coins tokens actively search investment from them to gain advantage from their expertise - 500k a month staking revenues in a bear market and not including what they will make from staking the £36,000,000 worth of tia they now have - if this sounds interesting look into it. calling a profitable company a pile of **** on the argo board is laughable - i lost my shirt on argo but have already made it back on kr1 - 100% up since september thanks to launch of one one coin - just trying to help those underwater on argo
KR1 - Making 5000,000 a month in staking revenue - No electricity cost. Seed funding multiple new crypots Celestia just launched and the £500K Seed investment just listed and is worth £36 Million they have multiple more Coins still to list that that supported at first funding round in - Not to mention no electricity costs - That is where to put you money not ARGO - Do some research check them out and thank me in late 2024 - At least look at it - Argo is dead KR1 is the future
Hi Big Double
You can Add me and my shares to this group only 100,000 shares but every little help. These guys need to go. What information do you need me to add my shares into the group to force these guys out or whatever you are trying to do. Please let me know. Alex
I have seen plenty of times on this board people mention that they have emailed Peter Wall can someone share this with me or tell me where they found it. Argo were at the forefront of the Green Mining Revolution so therefore they are offsetting there emissions. I am a Carbon originator and being Invested in Argo want to make sure they are paying the best price or getting the best value for their Carbon Credits - If anyone can put me in touch it would be much appreciated - Thanks