In ques it is mentioned that shares were disposed in an unquoted trading company.
And the ques asked to mention the available relief.
Answer= BADR.
Sir,
Isn't BADR available for unincorporated business?
And Investors relief available for unquoted trading company.?
Ask the Tutor ACCA TX-UK
161 Mick Bpp
Both reliefs are available to individuals only when investing in qualifying business assets - which are detailed in the study notes,
BADR - on disposal of an unincorporated business or shares in qualifying company
Investors relief only on qualifying shares
Always refer firstly to your study notes
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