- This topic has 0 replies, 1 voice, and was last updated 2 hours ago by
.
Viewing 1 post (of 1 total)
- Posts
Jet Ltd realised the following gains and losses on the disposal of assets during the year ended 31 March 2025:
(1) Gain of £86,000 on the sale of an investment property.
(2) Loss of £5,900 on the sale of a motor car used in the business. The motor car cost, and was sold for, more than £6,000.
Select the correct treatment of each of these sales in the corporation tax computation of Jet Ltd for the year ended 31 March 2025. which of these r chargeable, exempt and allowable loss?
Viewing 1 post (of 1 total)
- You must be logged in to reply to this topic.