I am new to this forum! Hoping to get some advise on some gold I have recovered
I currently have 408g off 999 gold recovererd from scrap gold plated plastic I was given by my employer. I work for a pharansutucals company that manufactured a development sensor printed on Au spaterd polymide plastic film.
I have sent the bar to Birmingham assay office and have it certified.
I did not pay for the waste material but have yielded quite the quantity.
Does anybody have any experience in the tax that might be due went I sell it.
I know there wouldn't be capital gains tax but I'm thinking uk income tax?
Any suggestion welcome, hope you guys can help??
I currently have 408g off 999 gold recovererd from scrap gold plated plastic I was given by my employer. I work for a pharansutucals company that manufactured a development sensor printed on Au spaterd polymide plastic film.
I have sent the bar to Birmingham assay office and have it certified.
I did not pay for the waste material but have yielded quite the quantity.
Does anybody have any experience in the tax that might be due went I sell it.
I know there wouldn't be capital gains tax but I'm thinking uk income tax?
Any suggestion welcome, hope you guys can help??