Practice assessment 2 - Question 10 (rollover relief)

IzzyOzzyIzzyOzzy Posts: 7Registered
Please can someone help with this question as I'm not sure how to get to the answer AAT provided:

In 2017, James made the following purchases of trading properties:
12 July 2017, a retail unit for £250,000
1 August 2017, a factory for £325,000

On 31 July 2018, James sold a warehouse unit for £350,000, realising a gain of £75,000.

James's rollover relief claim for the 2018/19 tax year is: £50,000.

How do you get to £50,000?

This is hurting my head :(


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