Capital Gains Companies

Question 1

Chargeable gains proforma?

Answer 1

Disposal Proceeds (or MV if gift) x
Less: incidental disposal costs (x)
NET PROCEEDS X

Less: Allowable expenditure:
Acquisition costs (x)
Incidental costs of acquisition (x)
Enhancement expenditure (x)

UNINDEXED GAIN/ ALLOWABLE LOSS X/(X)
Less: Indexation allowance (x)

CHARGEABLE GAIN / ALLOWABLE LOSS X/(X)