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- September 10, 2021 at 5:45 pm #635357
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 #635327See 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 #635326There was selling costs for the chattel, therefore correct answer was £6333
September 8, 2021 at 12:05 pm #634869Hi 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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