19.6 In June 2014 Katie acquired a 5-year option to buy a piece of land. The option...

Question:

19.6 In June 2014 Katie acquired a 5-year option to buy a piece of land. The option cost her

£10,000. In June 2016 she sold the option for £8,000. Compute the chargeable gain.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: