Sandra acquired the following ordinary shares in Pincer plc: On 26 June 2020, Sandra sold 700 of

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Sandra acquired the following ordinary shares in Pincer plc:

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On 26 June 2020, Sandra sold 700 of her shares in Pincer plc. Assuming that she acquired no further shares in the company during 2020, calculate the chargeable gain or allowable loss if her sale proceeds in June 2020 were:

(a) £8,400

(b) £6,300

(c) £5,200.

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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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Sandra acquired the following ordinary shares in Pincer plc: On 26 June 2020, Sandra sold 700 of

Question:

Date 29 January 1998 13 August 2002 4 October 2014 No of shares 1,000 1,000 2,000 Cost 4,000 9,500 22,500

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There were no acquisitions on the same day as the disposal or within the f...View the full answer

Taxation Finance Act 2020

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