Roly bought a ring in July 2018 for 20,000. He transferred to his civil partner Helen in December 2019 when its market value was 42,000. Helen then sold the ring in January 2020 for net proceeds of 42,000. What is the taxable capital gain amount for Helen in the tax year 2019/20?

a.

20,000

b.

10,000

c.

46,000

d.

22,000