Rosemary's capital gains and losses in recent years (and the annual exemption for each year) have been
Question:
Rosemary's capital gains and losses in recent years (and the annual exemption for each year) have been as follows:
There were no unrelieved losses to bring forward from 2016-17 or earlier. Compute her taxable gains for tax years 2017-18 to 2020-21 inclusive.
Transcribed Image Text:
2017-18 2018-19 2019-20 2020-21 Gains 6,500 11,000 14,800 21,200 Losses 12,700 2,350 nil 7,300 Annual exemption 11,300 11,700 12,000 12,300
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To compute Rosemarys taxable gains for the tax years 201718 to 202021 we need to take into account h...View the full answer
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