18.5 In June 2007, Gillian was given shares with a market value at that time of 6,000....

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18.5 In June 2007, Gillian was given shares with a market value at that time of £6,000. In November 2014 she made a successful claim to the effect that these shares now had a negligible value ofonly £80.

(a) Compute the allowable loss.

(b) Compute the chargeable gain arising in March 2017, when Gillian sold the shares for £120.

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Taxation Finance Act 2016

ISBN: 9781292139104

22nd Edition

Authors: Alan Melville

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Question Posted: Sep 06, 2024 12:03 PM

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18.5 In June 2007, Gillian was given shares with a market value at that time of 6,000....

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Taxation Finance Act 2016

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