An individual has capital losses of 2,500 in tax year 2021-22. There are no unrelieved losses brought

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An individual has capital losses of £2,500 in tax year 2021-22. There are no unrelieved losses brought forward from previous years. Compute the individual's taxable gains for 2021-22 if capital gains for the year are as follows:

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Taxation Finance Act 2021

ISBN: 9781292406725

27th Edition

Authors: Alan Melville

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Question Posted: Jan 31, 2024 02:01 AM

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An individual has capital losses of 2,500 in tax year 2021-22. There are no unrelieved losses brought

Question:

either (a) nil or or or (b) 1,500 (c) 9,950 (d) 16,250.

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To compute the individuals taxable gains for the tax year 202122 we need to take into account both t...View the full answer

Taxation Finance Act 2021

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