Question: Question A8 Roger bought a non-exempt fixed asset for use in his business in August 2000 for 1,700 and sold it in June 2020 for

Question A8

Roger bought a non-exempt fixed asset for use in his business in August 2000 for 1,700 and sold it in June 2020 for 5,000. What is the chargeable gain (or loss) and how is it going to be applied?

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