P
Paul Vitti
Guest
Just doing my calculation for the year. I am not sure how to apply the different rates. Disposals before 7 April 22% after that 25%. My disposals are similar to below:
Before 7 April:
-Profit of 1800
-loss of 100
After 7 April
- loss 100
- loss 100
- Profit 400
1800 + 400 = 2200 - 300 = 1900 chargeable gains.
Question is how do I apply the two different rates. Looked up the net could find no example, and the revenue their CGT guide is about 6 years old pathetic. Any help welcome.
Before 7 April:
-Profit of 1800
-loss of 100
After 7 April
- loss 100
- loss 100
- Profit 400
1800 + 400 = 2200 - 300 = 1900 chargeable gains.
Question is how do I apply the two different rates. Looked up the net could find no example, and the revenue their CGT guide is about 6 years old pathetic. Any help welcome.