Day 4. Capital Gains Tax

D2. The basic principles of computing gains and losses

a) Compute capital gains for individuals.
b) Explain the circumstances when market value may be used for the transfer value
    i) bargains not at arms length
    ii) gifts.
c) Demonstrate the calculation of market value for quoted shares and securities.
d) Calculate disposals of post 31 March 1982 assets including enhancement expenditure.
e) Explain the use of capital losses for individuals
    i) current year
    ii) brought forward.
f) Compute the amount of allowable expenditure for a part disposal.