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Hi
Could you please help me? I must be missing something. But I really don’t get this line in the working in the above example:
2 Net gains ignoring annual exempt amount £(17,800 – 6,200) = £11,600
Where do we get an annual exempt amount of 6200 from? Why isn’t it 10900? (2013/14)
And can you please confirm that AEA has the priority before any losses brought forward or back from other tax years?
Many thanks
Attila
