AAT L4 Business & Personal Tax Practice Questions - AAT Level 4 Diploma In Professional Accounting (Q2022) - Business Tax (BNTA) & Personal Tax (PNTA) Exam

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An individual disposes of shares in 2024/25 realising a chargeable gain of £18,000. They have no other disposals. Using the 2024/25 annual exempt amount, what is the taxable gain after the exemption?

£15,000 £18,000 £6,000 £3,000

Correct Answer:

£15,000

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