On 13 May 2014, Ruben acquired 400 shares in Xantan Ltd at a cost of 1,800. On

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On 13 May 2014, Ruben acquired 400 shares in Xantan Ltd at a cost of £1,800. On 17 July 2020, the company made a 1 for 8 bonus issue and (on the same day) Ruben sold his bonus shares for £7 each. 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 02:01 AM

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On 13 May 2014, Ruben acquired 400 shares in Xantan Ltd at a cost of 1,800. On

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On 17 July 2020 Ruben acquired 50 shares in Xantan Ltd at zero c...View the full answer

Taxation Finance Act 2020

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