Ava bought a house on 1 July 1997 for 62,000. She occupied the entire property as her
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Ava bought a house on 1 July 1997 for £62,000. She occupied the entire property as her PPR until 1 August 2004 when she began using one-quarter of the house for business purposes. This continued until 1 November 2017 when she sold the house for £ 207,000. Compute the chargeable gain.
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Sale proceeds Less Acquisition cost Chargeable gain before P...View the full answer
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