Capital gains computation 1 / 5

Question 1 of 2

Greenwood Ltd. disposed of an investment property on 31/12/2024.

They received disposal proceeds of £73,500 for the property and incurred legal fees on disposal of £5,000.

They initially purchased the property for £15,000 and incurred incidental costs on acquisition of £1,500 on 31/12/2008.

They spent £25,000 to extend the property on 31/12/2010.

What chargeable gain would result?

Indexation factor Dec 08 - Dec 17 is: 1.540

Indexation factor Dec 10 - Dec 17 is: 0.716

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