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Capital Gains Tax

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Capital Gains Tax

  • This topic has 1 reply, 2 voices, and was last updated 11 months ago by Tax Tutor.
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  • July 12, 2021 at 9:12 pm #627553
    Kule@BU256
    • Topics: 1
    • Replies: 0
    • ☆

    A resident individual taxpayer in Mukono town owned a building with a cost base of Shs 4.5 billion which was destroyed by fire. It has been confirmed by the insurance company that it is going to compensate him Shs 3.6 billion. The replacement of the same building is expected to cost Shs 4.8 billion.

    July 15, 2021 at 11:45 am #627835
    Tax Tutor
    • Topics: 2
    • Replies: 3927
    • ☆☆☆☆☆

    What is it in the answer to this example that you do not understand?

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