William made the following acquisitions of preference shares in Pangol plc: In January 2023, the company made

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William made the following acquisitions of preference shares in Pangol plc:

In January 2023, the company made a 1 for 4 bonus issue. In February 2024, William sold 450 shares for £4 per share.

Calculate the chargeable gain, assuming that he made no acquisitions in the following 30 days.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 02, 2024 10:01 AM

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William made the following acquisitions of preference shares in Pangol plc: In January 2023, the company made

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There were no acquisitions on the same day as the disposal or within the fol...View the full answer

Taxation Finance Act 2023

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