A company made the following acquisitions of ordinary shares in Rujon plc: On 1 May 2012 (RPI
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A company made the following acquisitions of ordinary shares in Rujon plc:
On 1 May 2012 (RPI 242.4), Rujon plc made a 1 for 5 rights issue at £8 per share and the company bought the shares it was offered. Calculate the chargeable gain arising in August 2023 when the company sold 750 shares for £20 each. (RPI December 2017 was 278.1).
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The s104 holding The gain arising on the disposal is Disposal of a substantial shareho...View the full answer
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