*19.9 On 31 March 1980, Estelle acquired a patent with a 42-year life at a cost of...

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*19.9 On 31 March 1980, Estelle acquired a patent with a 42-year life at a cost of £21,000.

The patent was valued at £22,000 on 31 March 1982 and Estelle sold the patent on 31 March 2017 for £13,000. Compute the chargeable gain.

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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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*19.9 On 31 March 1980, Estelle acquired a patent with a 42-year life at a cost of...

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Taxation Finance Act 2016

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