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Chargeable gain

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Chargeable gain

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  • August 26, 2025 at 1:41 am #719592
    M.Haris
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    • Topics: 20
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    Machine used for trading activities valued at £7,000. Acquired by Michael for £8,000 will it be
    Chargeable gain/allowable loss or
    Gain not chargeable/loss not allowable
    In the kit answer is loss not allowable how kindly help me understand this question?

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