Liliana owned 6000 ordinary shares in BADC plc on 1 January 20X7.During its financial year ended 31 December 20X7, BADC paid the following dividends:
Having taken some tax advice, Liliana transferred ownership of 50% of her shareholding in BADC to her son, Freddie, on 30 November 20X7.How much dividend did Liliana receive from BADC in respect of the 20X7 financial year?
A) £420
B) £395
C) £385
D) £270
Correct Answer:
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