Sandra acquired the following ordinary shares in Mincer plc: On 26 June 2023, Sandra sold 700 of
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Sandra acquired the following ordinary shares in Mincer plc:
On 26 June 2023, Sandra sold 700 of her shares in Mincer plc. Assuming that she acquired no further shares in the company during 2023, calculate the chargeable gain or allowable loss if her sale proceeds in June 2023 were:
(a) £8,400
(b) £6,300
(c) £5,200.
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There were no acquisitions on the same day as the disposal or within the following ...View the full answer
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