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   P275 CEEFAX 2 275 Sat 06 Fjb 12:14/06

 j#3kj#3kj#3k   (|$|l4|h4 |,,h4|h4|l0|$ 

 j $kj $kj 'k     k5~k4 r*u?j5z%1 

 "###"###"### ///,/,-.,-./,,,/,.-.,,/,./

 EXAMPLE CAPITAL GAINS TAX CALCULA  3/4 

                                        

 Assjt bought in Junj 1990 for £15,000  

 and sold in Junj 1996 for £30,000. RPI 

 for June 1990 was 126.7: RPI for Junj  

 1996 was 153.0.                        

                                        

 Indjxation allowance:                  

 (153.0-126.7)/126.7 = 0.208            

 0.208 x 15,000 = £3,120                

                                        

 Capital gain:                          

                  proceeds  30,000      

 less cost plus indjxation (18,120).    

                      gain  11,880      

                exemption*  (6,300)     

                   taxable   5,580      

 * assuming only gain that year         

                                        

     Travel  430    Front pagj 100      

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