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xalexandramoore

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Active 2 weeks ago
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  • September 10, 2021 at 5:45 pm #635357
    d017bbcee87fed33df7c1539a364ce9f086422fa16b0c9bb1df16837100a56e8 80xalexandramoore
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    Oh yes sorry! I was thinking it was the calc for cost > £6000 but sold for <£6000 as that allows selling costs.

    Ah well hopefully I didn’t need those two marks 🙂

    September 10, 2021 at 4:18 pm #635327
    d017bbcee87fed33df7c1539a364ce9f086422fa16b0c9bb1df16837100a56e8 80xalexandramoore
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    See example 3 for how it is calculated. https://www.accaglobal.com/us/en/technical-activities/technical-resources-search/2018/april/capital-gains-and-chattels.html

    September 10, 2021 at 4:15 pm #635326
    d017bbcee87fed33df7c1539a364ce9f086422fa16b0c9bb1df16837100a56e8 80xalexandramoore
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    There was selling costs for the chattel, therefore correct answer was £6333

    September 8, 2021 at 12:05 pm #634869
    d017bbcee87fed33df7c1539a364ce9f086422fa16b0c9bb1df16837100a56e8 80xalexandramoore
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    Hi I had this question too, I did 9900 – 100 (selling costs)

    so:

    5/3 x (9800 – 6000)

    I think, if I remember rightly.

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