Illustration - CGT computation
You'll learn how to calculate a chargeable gain on the disposal of an investment asset and then work out the Capital Gains Tax liability.
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Capital Gains Tax calculation overview
- 0:27 Computing net proceeds and cost base
- 1:02 Applying annual exemption and tax rate
About this lesson
This worked example walks you through identifying allowable costs, applying the annual exempt amount, and applying the correct tax rate for a basic rate taxpayer—essential skills for TX and ATX papers where CGT computations appear regularly in exam questions.
Duration: 1m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the Advanced Taxation course
All 365 video lessons, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in