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Active 10 years ago
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  • June 5, 2015 at 6:04 pm #253961
    mysteryalirathore
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    One point was confusing in Q5 as she can sale books after rebinding so its a income I.e. after changing n other books were inherited so its under capital gain :/

    June 5, 2015 at 6:02 pm #253958
    mysteryalirathore
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    Btw guys do yu remember in Q4 part1

    how many shares for 30000 proceeds after tax ??

    As he already used her AEA 11000 n he is additional higher rate tax payer !!!

    So we have to gross up 30000×100/72 (due to 28% tax) n got 41,667
    After that divide 41667/(45-5)
    So get 1042 shares appox.

    I dnt knw its right or wrong !

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