Does adding net profit to capital is capital gain???

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1359 Points Posted on 26 October 2021
does adding net profit to capital is capital gain???
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On 26 October 2021 at 17:21 Report
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Adding net profit to your business capital is not considered a capital gain. Capital gains typically arise when you sell capital assets, such as trading shares, for more than their original cost. This distinction is crucial for accurate financial reporting and understanding your business's true profitability.

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Chartered Accountant
24588 Points Posted on 26 October 2021
No....
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On 26 October 2021 at 19:14
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1359 Points Posted on 26 October 2021
So what is capital gain for business ??
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On 26 October 2021 at 19:16
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My grammar is 💯 good I
7306 Points Posted on 26 October 2021

When you sell capital assets like trading shares, you get a capital gain

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On 26 October 2021 at 23:03

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