Day 4. Capital Gains Tax

D4. Gains and losses on the disposal of movable, immovable prop

a) Define chattels 
    i) non-wasting
    ii) wasting.
b) Explain and demonstrate the calculation of gains on chattel disposals
    i) exemptions
    ii) marginal relief
    iii) deemed proceeds for losses
    iv) awareness of the interaction with capital allowances.
c) Calculate gains on part disposals.
d) Calculate gains where compensation or insurance proceeds are received for assets lost or destroyed.