On 13 May 2017, Ruben acquired 400 shares in Xantan Ltd at a cost of 1,800. On

Question:

On 13 May 2017, Ruben acquired 400 shares in Xantan Ltd at a cost of £1,800. On 17 July 2023, 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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: