Day 4. Capital Gains Tax

D1. The scope of the taxation of capital gains

a) Define chargeable persons, chargeable disposals and chargeable assets
    i) individuals
    ii) exempt disposals
    iii) exempt assets.
b) Outline the administrative framework for capital gains tax
    i) individuals 
    ii) payment.
c) Outline the basic calculation including the deduction of expenses of purchase and sale.
d) Explain the entitlement to the annual exempt amount.