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Palma acquired 6 % of the ordinary shares in Pan Ltd , a trading company, in June 2 0 1 2 for 6 0 ,

Palma acquired 6% of the ordinary shares in Pan Ltd, a trading company, in June 2012 for 60,000.

She sold her shares in March 2023 for 510,000.

Palma has worked for Pan Ltd for many years.

Palma made a capital loss of 34,800 during the tax year 2021/22 which has not been utilized.

What is Palma's capital gains tax payable for the tax year 2022/23? Assume all possible reliefs are claimed and Palma is a higher rate taxpayer.


 

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