In May 2012, Janine bought a building for 187,525 for use in her business. In July 2023
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In May 2012, Janine bought a building for £187,525 for use in her business. In July 2023 she sold the building for £260,000 and, in the same month, bought another building for use in her business. Assuming that Janine claims roll-over relief, calculate the chargeable gain arising on the July 2023 disposal if the replacement building has a cost of:
(a) £270,000
(b) £240,000
(c) £185,000.
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