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October 19, 2023 at 8:39 am
In example 11, he didn’t return after the period of working elsewhere in the UK so why is 4 years of this counted as deemed occupation? Nothing in the question suggests he had to work elsewhere for employment reasons (I assumed it was just a personal choice).
August 7, 2023 at 7:20 am
In Example 3 Ashley, why are selling expenses of 10000 ignored?
August 9, 2023 at 12:34 pm
Because the proceeds of 375,000 are net of selling expenses of 10,000. In more details, it means that gross proceeds were 385,000 minus selling expenses of 10,000 = 375,000.
August 16, 2023 at 11:14 am
As in the Question it is stated that £375,000 are net of selling expenses of £10,000. (i.e, In simple words £10,000 is already deducted And £375,000 is the amount derived after deducting £10,000.)
November 16, 2023 at 12:15 pm
The net amount has already been provided.
July 29, 2023 at 9:10 pm
Where did the 7000 come from in the last question of part 1?
July 31, 2023 at 9:18 pm
Ashley had 7,000 gains from other asset disposals in the year, and therefore the AEA was split (where 7,000 went against the other chargeable gains and 5,300 to the disposal of the shares)
August 16, 2023 at 11:18 am
As in the question it is given that she has other chargeable gain of £7000, so the AEA of £12,300 will split in £7,000 and £5,300.
May 30, 2023 at 5:39 am
August 9, 2023 at 12:35 pm
August 16, 2023 at 11:13 am
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