Sandra acquired the following ordinary shares in Pincer plc: On 26 June 2020, Sandra sold 700 of
Question:
Sandra acquired the following ordinary shares in Pincer plc:
On 26 June 2020, Sandra sold 700 of her shares in Pincer plc. Assuming that she acquired no further shares in the company during 2020, calculate the chargeable gain or allowable loss if her sale proceeds in June 2020 were:
(a) £8,400
(b) £6,300
(c) £5,200.
Transcribed Image Text:
Date 29 January 1998 13 August 2002 4 October 2014 No of shares 1,000 1,000 2,000 Cost 4,000 9,500 22,500
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