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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?
