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Ask the Tutor ACCA TX-UK

CGT BADR AND INVESTOR'S RELIEF

SSahil4y ago
Badr is available whether a company is UNQUOTED trading company or a quoted one, however investor's relief is only for UNQUOTED ones ( and obviously the other conditions applicable) ? In some questions i saw UNQUOTED was not mentioned but in the solution it was assumed as unquoted company Is there some underlying assumption here that im not aware of ?
TTTax Tutor4y ago#1
What you say is correct but only PLC's can be quoted - without seeing the question I cannot be sure - but I assume a question would have said that the company was A Ltd which means it must be unquoted
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