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Most kindly i want to ask that whether there are practice questions for TX-UK (like those five mcqs as in PM) OR ONLY Questions that are at end of Tution Notes
The practice questions are indeed the ones at the end of the study notes – you should then use an exam / revision kit from one of the approved ACCA providers for the essential exam question practice needed
Clarissa has disposed of the following shares and securities during the tax year 2020/21. Gifts for £ 8,000 which were purchased in 2018 for£ 2,500.
20,000 shares in Martin plc sold to her sister sister for £ 7,000. The market value of the shares on the day of the sale was £12,300. The shares we’re purchased for £8,000 in February 2018.
What is Clarissa’s total chargeable gain on the disposal in the tax year 2020/2021?
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