Sale of Car - CGT?

I know that 'private cars' are exempt form cgt.

In this case a company has sold a sports car (owned approx 10 years) at a considerable gain, the car never been used in business activities - expect kept under a sheet in a lock up.

My question is could this be classed as a sale of an investment and would CGT be due on gain?

Any help greatly appreciated.

 

 

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Sale of Car - CGT?

Anonymous |

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austwick |

Sale of Car - CGT?

Anonymous |

thanks very much for your help

austwick |

P11d issue

occca |