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?