- This topic has 1 reply, 2 voices, and was last updated 1 year ago by .
- You must be logged in to reply to this topic.
Congratulations to Jamil from Pakistan and Jeeva from Malaysia - Global Prize winners!
see all ACCA December 2022 Genius Hunt Competition winners >>
Specially for OpenTuition students: 20% off BPP Books for ACCA & CIMA exams – Get your BPP Discount Code >>
I have an slight issue about the CGT AEA
Suppose that an individual make 2 disposal of asset in the same tax year. For example: Asset B was disposed on (06.07.2020) with a chargeable gain $47000 and Asset C was disposed on (25.12.2020) with a chargeable gain of $25000.
My question is how will AEA be used in this context?
Have you read the study notes and worked the examples as the application of the AEA in computing the taxable gains of the taxpayer for a tax year is clearly shown and this should answer your question.