In 31st Practice question there is a mistake in answers (in notes). it states that the Capital Gains Tax (W1) is equal to £5,480, however in workings it’s 5290. Am I right that correct amount is 5290? Thanks!
I want to know how can be identified in total tax payable calculation on disposal of asset either either its capital allowances related or capital gain .
Parviz says
In 31st Practice question there is a mistake in answers (in notes). it states that the Capital Gains Tax (W1) is equal to £5,480, however in workings it’s 5290.
Am I right that correct amount is 5290?
Thanks!
rhydem says
I hate to be pernickety, but the calculation at 26:00 is incorrect.
You have put the disposal as being out of 9,000 instead of the 9,600 after bonus issue has been applied.
rhydem says
Well, the obtained value is correct, however the ‘written value’ is incorrect
akay4 says
kept on wondering what a silly mistake that could’ve been… got me a wee confused at some point though.
anasbawla says
19:09 why did you deduct 800 in disposals and how you got 800 please explain
thezadzzz says
1000 shares were sold, and 200 shares were bought
mzafeer says
I want to know how can be identified in total tax payable calculation on disposal of asset either either its capital allowances related or capital gain .