20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2024 exams.
Get your discount code >>

capital gains

This topic has 1 reply, 2 voices, and was last updated 10 years ago by Needs to pass.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 28, 2013 at 10:37 am #148243
aimanaljafri
Member
- Topics: 8
- Replies: 39
just trying to understand what the examiner is trying to say.
When he says ‘makes capital gains every year to use her AEA’
does that mean when there’s a rise to capital gains in the calculations, will we able to use AEA or is that already used so no AEA?
November 28, 2013 at 11:53 am #148264
Needs to pass
Member
- Topics: 9
- Replies: 129
AIA I think you mean
or AE (Annual Exemption)
If you are talking about AE then the idea is that the individual realises a gain of no more than £10,600 which would of course be tax free OR there is a part disposal which will yield a gain of no more than £10,600 per year
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.