A company made the following acquisitions of ordinary shares in CDE plc: The shares had a market

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A company made the following acquisitions of ordinary shares in CDE plc:

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The shares had a market value of £1.80 per share on 31 March 1982 (RPI 79.44). The company made no further acquisitions and sold 750 of the shares on 18 January 2021 for £9,500. RPI for December 2017 was 278.1. Compute the chargeable gain.

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Taxation Finance Act 2020

ISBN: 9781292360713

26th Edition

Authors: Alan Melville

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Question Posted: Feb 11, 2024 02:00 AM

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A company made the following acquisitions of ordinary shares in CDE plc: The shares had a market

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Date 1 June 1970 30 October 1975 15 August 1981 No of shares 1,000 800 900 Cost 3,000 2,500 3,100

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The sale of 750 shares on 18 January 2021 cannot be matched against any acquisitions made on ...View the full answer

Taxation Finance Act 2020

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