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Urgent question to any IFA's out there!! Please help.

Dorset82 · 2014-06-15 19:00:03

Hello, I have an exam question I'm really struggling to understand and I wondered if anyone could give me an answer and explanation? The question is: Jessica, a higher-rate taxpayer, bought an equity unit trust two years ago for £60,000, which is currently valued at £103,600. In this tax year, she has already sold some…

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RickyC_IFSWP Posts: 203 Forumite

15 June 2014 at 10:14PM edited 15 June 2014 at 10:16PM

Agreed with Your Hero and brendon. C is the correct answer. The key is to work out the gain per unit first.

"If you will change, everything will change for you." - Jim Rohn

I simply use these forums to share my knowledge, reinforce my learning and experience as an IFA. Please remember, if your circumstances are complex, speak with your local IFA from Unbiased or VouchedFor directories for regulated financial advice.
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Urgent question to any IFA's out there!! Please help.

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