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Abe commenced trading on 1 September 2020. The tax adjusted trading profit for his first two accounting periods is as follows: Tax adjusted trading profit

Abe commenced trading on 1 September 2020. The tax adjusted trading profit for his first two accounting periods is as follows: Tax adjusted trading profit Accounting period Ten months ended 30 June 2021 Year ended 30 June 2022 15,720 26,340 On what amount of trading profit will Abe be assessed for the tax year 2021-227 26,340 20,110 24,471 15,720

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