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help Question 4 A sole trader has the following tax adjusted results for the following 3 tax years. He continued in the same trade th

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Question 4 A sole trader has the following tax adjusted results for the following 3 tax years. He continued in the same trade th roug hout: 2013! 19 2019! 20 2020.411. Trading Profits 152,000 0 141,000 lEither income 1110 00 115,000 11?.000 The sole trader made a trading loss in 2019.010 of 143,000 1|vv'hat is the maximum amount of trading loss that could be set against the individuals' income for 2020;11? At what level can it be offset? {Show at! caicuiations and annotate fuiiy} [2 marks} 1|vv'hat is the maximum amount of loss that could be relieved in 2018;\"19 and what can it be relieved against? {Show aitr caicuia tions and annotate JiM [2 marks]

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