Jane is self-employed. Her recent adjusted trading profits/(losses) are: Jane has other in come of 10,000
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Jane is self-employed. Her recent adjusted trading profits/(losses) are:
Jane has other in come of £ 10,000 per annum. Assuming that the trading loss is carried forward and set against future trading profits, calculate her net income (i.e. total income less reliefs) for tax years 2014-15 through to 2017-18.
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year to 31 May 2014 year to 31 May 2015 year to 31 May 2016 year to 31 May 2017 (18,860) 4,710 6,210 14,810
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