*16.8 Rosemary's capital gains and losses in recent years (and the annual exemption for each year) have...

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*16.8 Rosemary's capital gains and losses in recent years (and the annual exemption for each year) have been as follows:

Gains Losses Annual exemption

£ £ £

2006-07 6,500 12,700 8,800 2007-08 8,600 2,350 9,200 2008-09 12,400 nil 9,600 2009-10 19,200 7,500 10,100 There were no unrelieved losses to bring forward from 2005-06 or earlier. Compute her CGT assessments for tax years 2006-07 to 2009-10 inclusive.

Ignore any "taper relief" that may have been available in tax years 2006-07 or 2007-08, prior to the abolition of this relief in 2008-09.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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