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| Maureen sells a shareholding, which qualifies for entrepreneurs’ relief, in January 2013, realising a gain of £9,300,000. Maureen had already made a claim for entrepreneurs’ relief in 2011/12 in respect of gains totalling £900,000. Maureen also makes an allowable loss of £(20,000) in 2012/13 on an asset not qualifying for entrepreneur’s relief. Her taxable income for 2012/13 is £200,000. Required: Calculate the CGT payable by Maureen for 2012/13. |