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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › CGT computation format
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
Once again – the notes do NOT say this – see Chapter 12 Section 1.4(b) page 72