Rosemary's capital gains and losses in recent years (and the annual exemption for each year) have been
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Rosemary's capital gains and losses in recent years (and the annual exemption for each year) have been as follows:
There were no unrelieved losses to bring forward from 2013 -14 or earlier. Compute her taxable gains for tax years 2014-15 to 2017-18 inclusive.
Transcribed Image Text:
2014-15 2015-16 2016-17 2017-18 Gains 6,500 10,400 13,900 20,200 Losses 12,700 2,350 nil 7,300 Annual exemption 11,000 11,100 11,100 11,300
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To compute Rosemarys taxable gains for the tax years 201415 through 201718 we must consider her capi...View the full answer
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