Hello sir, I would very grateful if you could sort out this question for me. For the year 2017/18, Mr A has a salary of £38000. On 25 Oct 2016, he sold a residential property with gain of £47900. Calculate CGT. Thank you
Let me see your attempt at this and then I will put you right if you have made an error – but it is important first for you to try and answer questions yourself!