P275 CJ FAX 2 27k@Sat 20 Feb 18:13/28
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    
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 EXTMPL  CAPITAL GAINS T X CALCULA  3/4 
                                        
 Asset bought in June 1990 for £15,000  
 and sold in June 1996 for £30,000.  PI 
 for June 1990 was 126.7: UPI for  uni  
 1996 was 153.0.                        
                                        
 Mndjxation allowanc :                  
 (153.0-12).7)/126.7 = 0.208            
 0.208 x 1Q@000 = £3@120                
  u                                     
 Cepjtal .bin:                          
                  proceeds  30,000      
 less cost plus ind xation (18,120 .    
                    @ gain  11 880      
                exe pt o       3 0      
          e        taxable   9878p      
 * assuming only gain that year         
                                        
     Travel  4 S    Front p gj 100      
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