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CGT computation format

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › CGT computation format

  • This topic has 1 reply, 2 voices, and was last updated 4 months ago by Tax Tutor.
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  • January 29, 2022 at 6:26 am #647666
    Nikitagarwal
    • Topics: 154
    • Replies: 146
    • ☆☆☆

    Sir, I have been practising from BPP revision kit and in all capital gain questions they have dducted the AEA of 12300 first and then decuted the brought forward losses, however as my under standing and your notes on Tax first loss neeeds to be deducted.

    Please clarify

    January 29, 2022 at 3:08 pm #647695
    Tax Tutor
    • Topics: 2
    • Replies: 3920
    • ☆☆☆☆☆

    Once again – the notes do NOT say this – see Chapter 12 Section 1.4(b) page 72

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