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ahmed purchased 10000(nominal value) gilts paying interest at 2% for 11000 on 1 june 2018. interest is payable half yearly on 31 march and 30 september.
he sold the gilts on 28 february 2019 for 11400(including accrued interest)
how much will ahmed include in respect of the gilts in the tax year 18/19?matthew purchased 200000(nominal value) gilts paying interest at 1% for 211000 on 1sep 2017. interest is payable half yearly on 30 june and 31 december.
he sold the gilts on 1 dec 18 for 213000(including accrued interest)
how much will ahmed include in respect of the gilts in the tax year 18/19?
why these question will be solved differently?Sorry – I do not understand your question
You ask “why these question will be solved differently?”
You have not shown the model answer or told me what part of those answers you do not understand.
Show me the answers that you are querying and tell me what you don’t understand and I will try to explain
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