idward sold a residential property on $31$ March $2023$ for proceeds of $250,000.$ The property had cost Edward $80,000$ when he purchased it in June $2006.$ The property was not his private residence, and his was the only disposal that Edward made during the tax year $2022-23.$ Edward's taxable income for the tax year $2022-23$ was $35,000.$

What is Edward's capital gains tax liability for the tax year $2022-23?$

$31270$

$44156$

$31540$

$43886$

Previous

Navigator

Next

Help