20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for September 2025 exams.
Get your discount code >>

CGT AEA

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
March 12, 2021 at 7:11 am #614222
idrisheik
Participant
- Topics: 1
- Replies: 0
Hi Everyone,
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?
March 12, 2021 at 1:28 pm #614286
Tax Tutor
Member
- Topics: 2
- Replies: 3965
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.
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.