Chargeable gains

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May 14, 2020 at 3:34 pm #570838
pinkyjovin123
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Hello sir,

Tax year 2017/18. 2018/19. 2019/20

Gains. 2000. 4000. 14600

Losses. (14000). (2000). (2000)

The allowable loss carried forward to 2020/21 will be :11400

In the solution , after gains and CY losses when we calculate AEA why it’s (0) in 2017/18,(2000)in 2018/19 ,(12000) In 2019/20
And also Losses c/f 12000 in 2017/18 ,12000 in 2018/19, 11400 2019/20 ?
May 15, 2020 at 5:43 pm #570959
Tax Tutor
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Have you worked through the OT study notes and lectures – specifically here Chapter 12 section 2 and worked example 7?
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