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MC Question 3
Tax rates
TX 2015 Tax Rates and Allowances
For the tax year 2014–15, Nog has a chargeable gain of £23,700 and a capital loss of £10,400. She has unused capital losses of £6,100 brought forward from the tax year 2013-14.
What amount of capital losses can Nog carry forward to the tax year 2015–16?
A. £3,800
B. Nil
C. £6,100
D. £2,300