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1) Nim Lom realized a capital gain of £13,600 from the sale of ordinary shares in Kapook plc but had no gain or loss on the sale of ordinary shares in Jooba Ltd. 2) Nim utilized a capital loss brought forward of £7,500 to reduce taxable gains to the annual exemption amount of £9,600, leaving £9,200 in capital losses carried forward. 3) Mae Lom realized a capital gain of £24,000 from shares received from Nim in Jooba Ltd but her principal private residence was exempt from capital gains tax. She also clai

Author
Senali Mendis
Language
EN

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