A taxpayer makes the following acquisitions of preference shares in Muvex Ltd: No further shares are acquired
Question:
A taxpayer makes the following acquisitions of preference shares in Muvex Ltd:
No further shares are acquired during 2020 or 2021. How will the following disposals be matched against these acquisitions?
(a) 250 shares sold on 20 October 2020
(b) 420 shares sold on 12 November 2020
(c) 300 shares sold on 1 April 2021.
Transcribed Image Text:
Date 10 August 2020 20 October 2020 1 December 2020 No of shares purchased 1,000 200 150
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