Correct Shortcuts. EF lex 100% Question 3 Dome plc is a UK resident company, manufacturing organically sourced ready- meals. In August 2014 the company sold la freehold business promises la a property development Company Dome pla is currently operating from rented premises and is considering different options of reinvesting the proceeds from the sale of its factory (1)The Chief Executive Officer is keen to invest the proceeds in acquiring Ex90s Lid. a company operating a humbur of farm shops In tho South of England Essos Hd had rocumulnted trading losses of 200,000 and capital lossas of 950,000 (23The Produclion Direclor would rather reinvest the proceeds in purchasing another freehold factory and has identified 2 possible reinvestments that could be acquired in September 2015 Purchasing a freehold factory on a new industrial estate for 475,000 () Purchasing a freehold factory on an older Industrial estate for 3:400.000 All of the above buildings have been, or will be used for business purposes The Finance Director has said that they will need in carefully cans der all the tax implications Sale of Freehold premises August 2014 Sold frould prurisus fu 460.000. The building had been purchased in July 1990 f150.000 and extended At annst of 80.000 during May 2012 Dome po incured logal Teos of 3.500 In connection with 16 purchase in 1990 and legal feas of 12.200 in connector with the disposal, Indexalion laclars are as follows: July 1990 - August 2014 1.027 May 2012 - August 2014 0.454 Required a) Compute the chargeable can arising on ho salo atac Frodhold premises 13 marks) b) Explain the tax planning possibles et accuring a subsidiary company idon living the pencil and disadvanlagua aria ng from 3330cu ions with other compones and also explaining how Ens d's accumulared trading and caulta lossus could be tullutiouit lle company was quited Ly Done ala (6 marks) DX