Jean acquired a 30-year lease on a property in July 2010 for 132,000. In July 2020 she
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Jean acquired a 30-year lease on a property in July 2010 for £132,000. In July 2020 she assigned the lease to Lawrence for £145,000. The property was never Jean's residence.
Compute the chargeable gain.
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When the lease was acquired it had a 30year life Sch 8 pe...View the full answer
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