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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 years ago by AvatarTax Tutor.
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  • January 29, 2022 at 6:26 am #647666
    AvatarNikitagarwal
    Participant
    • Topics: 154
    • Replies: 147
    • ☆☆☆

    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
    AvatarTax Tutor
    Member
    • Topics: 2
    • Replies: 3960
    • ☆☆☆☆☆

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

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