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CGT BADR AND INVESTOR’S RELIEF

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › CGT BADR AND INVESTOR’S RELIEF

  • This topic has 1 reply, 2 voices, and was last updated 7 months ago by Tax Tutor.
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  • Author
    Posts
  • November 10, 2021 at 4:50 am #640332
    @sahil
    • Topics: 11
    • Replies: 5
    • ☆

    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 ?

    November 12, 2021 at 5:17 pm #640483
    Tax Tutor
    • Topics: 2
    • Replies: 3929
    • ☆☆☆☆☆

    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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