1. Bill and Ben were Gardeners in a Partnership, Bill owned 75% of the business and profits and Ben 25% of the business and profits. They commenced trading on 1 October 2012 and prepared Accounts to 30 September 2013. Ben ceased trading on 31 December 2016 and Bob took over Bens 25% share in the business for profits on 1 January 2017.

His adjusted profits were as follows:

Year Ended 31/09/2013 54,000 Year Ended 31/09/2014 42,250 Period from 01/10/2014 to 31/03/2015 21,000 Year Ended 31/03/2016 74,350 Period from 01/04/2016 to 31/12/2016 60,000

Year ended 31 December 2017 54,000

Year Ended 31/12/2018 62,500

1. Calculate the Taxable profits for the tax years 2012/13 to 2018/19, including overlap profits for Bill, Ben and Bob individually. Ben ceased trading on 31 December 2016 and Bob took over Bens 25% share in the business for profits on 1 January 2017.

(10 Marks)