19.7 Katherine acquired a 40-year lease on a property on 31 August 1998 for 75,000. On 31...
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19.7 Katherine acquired a 40-year lease on a property on 31 August 1998 for £75,000. On 31 August 2016 she assigned the lease to Francesco for £97,500. The property was never Katherine's residence. Compute the chargeable gain.
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