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February 6, 2016 at 1:37 pm
Please me with this question.
Clarissa has disposed of the following shares and securities during 2014/15:
(1) 8.5% Exchequer Stock for £8000 which has purchased in 2012 for £2500.
(2) 20000 shares in Martin plc sold to her sister for £7000.
The market value of the shares on the day of sale was £12300.
The shares purchased for £8000 in February 2012.
What is Clarissa total chargeable gain on these disposal in 2014/15?
May 9, 2014 at 2:31 pm
Sir, a typo there undoubtedly ‘Gilt Edge’ instead of gift edged.
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