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Hi Miss Jill! Thanks for the lecture! However in Capital Gains Tax part 5 MCQ2 my answer is A&D but after watching your lecture your answer is A&C. Why is C True? letter C is ” The AEA is deducted before the current year capital losses are utilized against current year gains” shouldn’t we deduct AEA AFTER deducting current year capital losses to current year capital gains? And also upon checking the answers in the Notes, answer is A&D. Can you explain Miss Jill which one is correct?
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