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Lilac Bookkeeping


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Chattels
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Good Afternoon

 

I am stuck on chattels and exemptions to CGT using the £6000 limit rule. How is this actually calculated? Do you use actual gain or actual proceeds?

 

Very confused



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Shamus


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I assume that you've read the helpsheet on this one?

http://www.hmrc.gov.uk/helpsheets/hs293.pdf

there are built in examples which should help you.

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
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