An individual has capital losses of 2,500 in tax year 2022-23. There are no unrelieved losses brought
Question:
An individual has capital losses of £2,500 in tax year 2022-23. There are no unrelieved losses brought forward from previous years. Compute the individual's taxable gains for 2022-23 if capital gains for the year are as follows:
either
(a) £nil or
(b) £1,500 or
(c) £9,950 or
(d) £16,250.
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