In January 2015 Katrina buys an item of movable plant and machinery for use in her business.
Question:
In January 2015 Katrina buys an item of movable plant and machinery for use in her business. The plant costs her £50,000 and capital allowances are claimed. Compute the chargeable gain arising in March 2018 when she sells th e plant, assuming that sale proceeds are:
(a) £65,000
(b) £38,000.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
To compute the chargeable gain arising from the sale of the plant we ...View the full answer
Answered By
Emel Khan
I have the ability to effectively communicate and demonstrate concepts to students. Through my practical application of the subject required, I am able to provide real-world examples and clarify complex ideas. This helps students to better understand and retain the information, leading to improved performance and confidence in their abilities. Additionally, my hands-on approach allows for interactive lessons and personalized instruction, catering to the individual needs and learning styles of each student.
2+ Reviews
10+ Question Solved
Related Book For 
Question Posted:
