Residential property

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

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August 19, 2018 at 7:55 am #468449
purmessur
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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
August 21, 2018 at 4:10 pm #468748
Tax Tutor
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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!
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