*18.9 On 31 March 1980, Estelle acquired a patent with a 35-year life at a cost of...

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*18.9 On 31 March 1980, Estelle acquired a patent with a 35-year life at a cost of £21,000.

The patent was valued at £20,000 on 31 March 1982 and Estelle sold the patent on 31 March 2010 for £13,000. Compute the chargeable gain.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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Question Posted: Jul 15, 2024 01:08 AM

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*18.9 On 31 March 1980, Estelle acquired a patent with a 35-year life at a cost of...

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Taxation

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