Trading Income or Capital Gain

Posted by markgosling PM | on Mon, 03/11/2003 - 10:22 702 1 comment | report

A Builder who has been self employed for many years buys two properties, renovates them and sells them for a profit.
Should this be treated as trading income
or Capital Gains?

Mark
Mark Gosling

Comments

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Quite probably

ACDWebb | Mon, 03/11/2003 - 13:43