17.2 David was given a chargeable asset in November 2002 at which time the asset had a...

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17.2 David was given a chargeable asset in November 2002 at which time the asset had a market value of £4,500. He sold the asset in January 2010. Compute the chargeable gain or the allowable loss if his sale proceeds were:

(a) £4,950

(b) £4,350

(c) £5,780.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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