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Example 7.1 MN ltd received the following income in 2010/2011: Employment income 60,000 Bank deposit interest 2,800 Dividends from a UK company 6,300 MN ltd

Example 7.1 MN ltd received the following income in 2010/2011: Employment income 60,000 Bank deposit interest 2,800 Dividends from a UK company 6,300 MN ltd is entitled to a personal allowance of 6,475 Required Calculate MN Ltds taxable income for 2010/2011

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