In October 2020 Keith sells an antique cabinet for 7,200. He incurs incidental costs of disposal amounting

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In October 2020 Keith sells an antique cabinet for £7,200. He incurs incidental costs of disposal amounting to £200. The cabinet cost Keith £2,300 in July 2012. Compute the chargeable gain.

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Taxation Finance Act 2020

ISBN: 9781292360713

26th Edition

Authors: Alan Melville

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Question Posted: Feb 11, 2024 02:01 AM

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In October 2020 Keith sells an antique cabinet for 7,200. He incurs incidental costs of disposal amounting

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Sale proceeds Less Incidental dis...View the full answer

Taxation Finance Act 2020

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