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CGT computation format

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

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January 29, 2022 at 6:26 am #647666
Nikitagarwal
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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
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Once again – the notes do NOT say this – see Chapter 12 Section 1.4(b) page 72
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