9 Capital Gains tax - individuals Flashcards
1
Q
steps for computing a gain or a loss
A
2
Q
e steps for determining if there is a chargeable gain or allowance loss
A
3
Q
explain disposal consideration in terms of ‘arms length’
A
4
Q
what are allowable costs for CGT purposes
A
5
Q
what is the annual exempt amount
A
6
Q
how to compute capital gains tax
A
7
Q
exam smart for CGT liability questions
A
8
Q
what are chattels
A
9
Q
difference between a wasting chattel and a non-wasting chattel
A
10
Q
provide a summary of the taxation of taxation of non-wasting chattels
A
11
Q
what is the 6,000 the same value as
A
AEA
12
Q
formula for part disposal from a set of chattels
A
13
Q
disposals to connected persons special rules
A
