1. a. Sarah purchased a house for £100,000 on 1^st January 2000 and occupied the house as her principal private residence. She left it unoccupied whilst she was required to work elsewhere in the UK for the period 1^st January 2006 to 1^st January 2010 after which she returned. On 1^st January 2012, she left the house unoccupied again and went to stay with relatives abroad until she returned on 1^st January 2016. On her return, she began using one-half of the house for business purposes until the house was sold on the 1^st January 2021 for £400,000. Calculate the chargeable gain for capital gains tax purposes.

2. b. On the 31^st January 2021, Sarah sold all her shares in Devonview plc for £38,000 and she has no intention of buying shares in Devonview plc ever again. Sarah acquired the shares as below. On the 1^st May 2019, Sarah also took advantage of a 1 for 4 rights issue at £3.50 per share. Calculate the chargeable gain for capital gains tax purposes.

Date	Number of shares	Total Cost
1 January 2010	1000	£4,200
19 June 2011	700	£2,950
31 December 2017	1200	£5,620
11 August 2020	400	£2,100

3. c. On 1^st January 2020, Sarah sold four acres of land for £184,000. Six acres were originally purchased in January 2008 for £39,000 by Bill (Sarah’s father- in- law). Bill died in 2013 and Sarah’s spouse inherited the land. On that date the six acres were valued at £57,200. Sarah’s spouse transferred the land to Sarah in January 2018. On that date the six acres were valued at £78,000. The market value of the unsold two acres on 1^st January 2020 was £76,000. Calculate the chargeable gain for capital gains tax purposes.