Wind Turbines

[otherclive]

A real problem will be calculating the needs of a household.
It's not what you import as for 5 months import can be zero but you are still using electricity.
Anyway at well under £1000 for export last year it's not a problem for me.
Maybe they should look at taxing the electric that you use but don't import from the grid 🤣

Makes 3ppm for BEV or 1.5ppm for PHEV look mind blowingly simple.

 

[JTQ]

Only under very specific circumstances that don't apply to most of those that have solar.

Good, glad to hear there is an allowance.
I think on reflection away from the stark attention catching headline it was indicating it had to be declared, which is not the same as necessarily it will be taxed if within the allowance you quote. Same as interests and dividends are treated.
Whilst I see it as an income stream, its from selling a product that benefits us all, so IMO its right that it is being treated differently.

 

[Jcloughie]

Good, glad to hear there is an allowance.
I think on reflection away from the stark attention catching headline it was indicating it had to be declared, which is not the same as necessarily it will be taxed if within the allowance you quote. Same as interests and dividends are treated.
Whilst I see it as an income stream, its from selling a product that benefits us all, so IMO its right that it is being treated differently.

I wonder what would encourage people to declare. Personally, I have never needed to complete a self assessment form. And I doubt I would volunteer such information. Not that I am even in that situation.

I wonder if it would work so that the power company would take the tax ‘at source’ above the threshold. And the customer would then need to claim it back, if, indeed they had a claim. I think that is what happens with interest on savings. But how would I even know 😁.



John

 

[otherclive]

What abut if your BEV exporting to the grid leads to you going over the threshold?

As said above "much ado about Nothing" for domestic users.