zoyla

Zoyla’s capital gains tax (CGT) liability for the tax year 2016/17 is calculated as follows:

Gain (£)
Ordinary shares in Minor Ltd 98,400
Ordinary shares in Major plc 44,100
Annual exempt amount (11,100)

131,400

CGT: 10,600 at 10% 1,060
120,800 at 20% 24,160

25,220
20. Assuming that the tax rates and allowances for the tax year 2016/17 continue to apply, how much CGT would Zoyla have saved if she had delayed the sale of her 16,000 ordinary shares in Major plc until the following tax year?
A. £1,060 B. £2,170 C. £3,280 D. £2,220

answer:
20. C
2016/17 2017/18
£ £
Gain 98,400 44,100
Less: annual exempt amount (11,100) (11,100) Taxable amount 87,300 33,000
CGT payable
10,600 at 10% 1,060 1,060
76,700/22,400 at 20% 15,340 4,480 Total £21,940 16,400 5,540
CGT saved £25,220 – 21,940 = 3,280

sir for this question ..
can you explain …for the tax year 17/18 how did they calculate chargeable gain i am a bit confused with this question ..