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Substantial shareholding jun14 part b

This topic has 3 replies, 3 voices, and was last updated 10 years ago by brian8820.

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December 6, 2015 at 1:57 pm #288197
rockerz
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- Topics: 72
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Pls some explain in simple words substantial shareholding and when i solvd this opus ltd question i dont understand in part b initialy he is gettn exemption then later on he is not ? Whyy
December 6, 2015 at 2:16 pm #288201
droidsage
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- Replies: 3
substantial share holding exemption is when u sell the company in which u own atleast 10% of the share holding .. and thus the gain is exempt from CGT point of view …
December 6, 2015 at 2:24 pm #288207
rockerz
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Can u see the question jun14 part b
December 8, 2015 at 6:54 pm #289275
brian8820
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Hi, yes he would have held 10% for 12 months in the previous 2 years. If he delays he would not hold10 % for 12months in the previous 2 years
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