Hali sells an old antique table for £62,000 (original cost was £32,000) and buys a replacement antique table for £63,600. He claims full Rollover Relief / Deferral Relief under CGT rules, thereby deferring the entire gain of £18,000. What is the base cost of Hali's replacement antique table for future Capital Gains Tax (CGT) purposes?

During the tax year 2024/25, Goma disposes of five distinct assets: a principal private residence, a vintage motor car, British Government corporate bonds (gilts), shares in a trading PLC, and an investment property. How many of these five assets are classified as 'exempt assets' for the purposes of Capital Gains Tax (CGT)?

In deciding whether Hali and Goma's future disposals of their shareholdings in Lima Ltd will qualify for Business Asset Disposal Relief (BADR) under UK tax law, which one of the following conditions is strictly mandatory?