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Fatima is a sole trader. She has a business of selling handmade exotic chocolates and confectioneries. She has been successfully running the business for the

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Fatima is a sole trader. She has a business of selling handmade exotic chocolates and confectioneries. She has been successfully running the business for the past five years. During the tax year 2018/19 she had taxable trading income of 107,300. As Fatima knows her duty towards the society, she also made a gift aid donation of 1,600 (net) for the tax year 2018/19. a) Calculate Fatima's Taxable income for the year 2018/19. (5 Marks) b) Calculate Fatima's Income tax liability for the year 2018/19

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