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Rollover Relief

Welshie999 Registered Posts: 8

September 2019 in Business Tax

Hello all,

Can anyone please explain to me how they got the answer as £50,000 in this question? Totally flummoxed!

Thanks,

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Comments

MarieNoelle Trusted Regular Hampshire/Surrey borderModerator, MAAT, AAT Licensed Accountant Posts: 1,432

September 2019

Hi @Welshie999

I think this question has already been discussed here:
https://forums.aat.org.uk/Forum/discussion/448015/practice-assessment-2-question-10-rollover-relief

I hope this helps

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Welshie999 Registered Posts: 8

September 2019

My apologies - Thank you for the pointer Marie. That all makes perfect sense now!
Welshie

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