On 30 June 2023 Jorge sold a house for £308,000. The house had been purchased on 1 January 2006 for

£98,000 and used by Jorge as follows:

Jorge let the house during all of his periods of absence. Throughout the period 1 January 2006 to 30 June 2023 Jorge did not have any other main residence. He also made the following disposals in 2023-24:

(i) On 30 September 2023 he sold a copyright for £8,200. The copyright had been purchased on 1 October 2021 for £7,000 when it had an unexpired life of 10 years.

(ii) On 6 October 2023 he sold a painting for £5,400. The painting had been purchased on 18 May 2019 for £2,200.

(iii) On 14 December 2023 Jorge sold two acres of land for £92,000. Jorge’s father-in- law had originally purchased three acres on 4 August 2011 for £19,500 but died on 17 August 2018 and the land was inherited by Jorge’s wife. On that date the three acres were valued at £28,600. Jorge’s wife transferred the land to him on 14 November 2021. On that date the three acres were valued at

£39,000. The market value of the unsold acre of land as at 14 December 2023 was £38,000.

Required:

Calculate Jorge's taxable gains for tax year 2023-24.