A taxpayer makes the following acquisitions of preference shares in Muvex Ltd: Date No of shares purchased
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A taxpayer makes the following acquisitions of preference shares in Muvex Ltd:
Date No of shares purchased 10 August 2022 1,000 20 October 2022 200 1 December 2022 150 No further shares are acquired during 2022 or 2023. How will the following disposals be matched against these acquisitions?
(a) 250 shares sold on 20 October 2022
(b) 420 shares sold on 12 November 2022
(c) 300 shares sold on 1 April 2023.
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