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Any help would be appreciated :) 6 Tony Tony has carried on a manufacturing business as a sole trader for many years. His business has

Any help would be appreciated :)
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6 Tony Tony has carried on a manufacturing business as a sole trader for many years. His business has always been profitable. He has overlap profits of 14,700 and his tax adjusted trading profits for the year ended 31 December 2021 were 25,250. Tony ceased to trade on 30 June 2022. His profit and loss account for the six months ended 30 June 2022 showed an accounting profit of 95,928. This figure is computed after deducting the following items. Notes 1 Lease payments The lease payments relate to payments on a car with CO2 emissions of 135g/km in an agreement taken out in 2015. 2 Legal and professional fees Recovery of debts relating to the termination of a contract by the major customer E 1,400 3 Fixed assets The tax written down values of the plant and machinery on 1 January 2022 were: Main pool Tony's car used 30% privately (original cost 16,000 ) Computer purchased in May 2019 (a short life asset election was made) E14,60010,0001,600 Tony part exchanged his car on 1 May 2022 receiving an allowance of 8,000 against the new car. He also had to pay cash of 6,000 towards the new car, which was also used 30% privately. The new car has CO2 emissions of 57g/km. When the business ceased, Tony kept the car and the computer for his own use. At 30 June 2022 the car and the computer had market values of 9,500 and 300 respectively. He sold the remaining plant and machinery at auction for a total of 8,400. None of the items was sold for more than its original cost. On 1 July 2022 Tony began working as an employee of Staple Ltd, a manufacturing company, earning a salary of 55,000 pa and receiving various employment benefits. Tony was provided with the use of a company laptop which had a market value of 2,445 on 1 July 2022 . He uses the laptop almost exclusively for business purposes. In addition, Staple Ltd paid 355 for private medical insurance for Tony. Tony had cash flow problems when he first started work with Staple Ltd, so the company made a 12,000 interest-free loan to Tony on 1 july 2022 . He fully repaid the loan on 1 February 2023. Tony is paid 35p per mile for each business mile travelled in his own car. During 2022/23 he travelled 16,000 miles on business. Staple Ltd contributes 5% of Tony's salary into a registered occupational pension scheme each year and Tony makes contributions of 6% of his salary each year into the scheme. The scheme operates net pay arrangements. On 1 August 2022 Tony began renting out a furnished room in his house at a rent of 400 per month. Tony incurred additional household expenses of 268 for the rest of 2022/23, because of the lodger. Requirements 6.1 Calculate the tax adjusted trading profits of Tony's business for the six months ended 30 June 2022. You are required to explain your treatment of items in the capital allowances computation. (8 marks) 6.2 Calculate Tony's income tax liability for 2022/23. (13 marks) 6.3 Calculate Tony's national insurance contributions for 2022/23 and the national insurance contributions payable by Staple Ltd in respect of Tony's employment in 2022/23. Ignore the rules regarding maxima. (6 marks) Total: 27 marks

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