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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.

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

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