In September 2011 , Joanna acquired a 15 -year lease on a property for 45,000. In September
Question:
In September 2011 , Joanna acquired a 15 -year lease on a property for £45,000. In September 2017 she granted a four-year sub-lease to Dean for £20,000. The property was never Joanna's residence. Compute the chargeable gain.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
The computation of the chargeable gain is as follows ii...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1 and 2. On September 1, Irene opened a retail store that specializes in sports car...
-
Your client, Mr. Brakes Inc., owns and operates an auto-motive repair shop in Cooperstown, New York. Mr. Brakes specializes in replacing and repairing brakes on cars, sport utility vehicles, and...
-
Which of the following compounds are isomers of spiropentane?
-
Instead of using the learning curve coefficient method, it is possible to compute the costs of the Nth unit as c(N) = c(1) N b , where b is the slope of the learning curve in the log-log graph. True...
-
Prove that the intersection of convex sets is a convex set.
-
A manufacturing firm produces diesel engines in four citiesPhoenix, Seattle, St. Louis, and Detroit. The company is able to produce the following numbers of engines per month: Plant Production 1....
-
On December 31 st , 2013, you decided to buy a 40-year Government of Canada bond. The bond had a face value of $100,000. The annual coupon rate on the bond was 5.40%. Coupons were paid semi-annually....
-
A taxpayer makes the following acquisitions of preference shares in Muvex Ltd: Date 10 August 2017 20 October 2017 1 December 2017 No of shares purchased 1,000 200 150 No further shares are acquired...
-
Paul made the following acquisitions and disposals of ordinary shares in Crimmon plc: Date 5 June 2011 17 May 2012 17 May 2012 9 June 2012 13 March 2014 28 March 2014 17 October 2017 acquisition...
-
Solve each inequality in Exercises 2324 and graph the solution set on a real number line. Express each solution set in interval notation. x < x + 12 t
-
What visual checks should you complete before the dish is served to customers?
-
Firm A introduces a drug to treat the common cold. The drug has inverse demand P = 5Q/2 and constant marginal cost of 1 and no fixed cost. Firm B is considering releasing it's own version of the...
-
A couple wishes to establish a college fund for their five year old child. The college fund will earn 8% interest (profit) compounded annually. Assuming the child enter college at age 18, the couple...
-
Collaborative projects with universities yield the most value. When the relationship is long-term.
-
A guitar string has a length of 87 cm and a mass of 7.8 grams. Calculate the speed of the transverse wave on the string if the tension is 60 N. Determine the fundamental frequency produced by the...
-
Figure shows a ball with mass m = 0.341 kg attached to the end of a thin rod with length L = 0.452 m and negligible mass. The other end of the rod is pivoted so that the ball can move in a vertical...
-
Complete the equations for the following equilibria and calculate Keq where the Keq expression includes [HO]. Be sure to enter Keq in proper scientific notation. (a) ammonia (acting as a base) reacts...
-
Calculate the income tax liability for 2020-21 of a husband and wife (both born in March 1935) given the information shown below. In each case, an election has been made for 50% of the tax reduction...
-
Calculate the MCA available in 2020-21 to a husband and wife (both born in August 1934) who each have an adjusted net income not exceeding 30,200 and who marry on: (a) 23 June 2020 (b) 4 April 2021
-
Calculate the MCA available for 2020-21 in the following situations: In each case, MCA is claimed and the stated income figure is the adjusted net income. All of the couples were married before 5...
-
Mr Motaung has been a master builder for the past ten (10) years. He operates his business in terms of the wealthy Motaung Trust (IT Number 1233/2010). He intends to submit a tender to the Department...
-
Watch the video Eco-Me. Then read their about us below and answer the 5 questions. HOW IT ALL BEGAN: Eco Me products were created out of love and concern and the driving passion to remove chemicals...
-
Marketing exists to ensure customer satisfaction is granted. However, the term customer can be in many forms and each of them reflecting different characteristics and behaviours. With examples,...
Study smarter with the SolutionInn App