How much of this expenditure can Fred deduct for tax purposes in the year to 31 December 2021 ? EO B 5,000 C 6,000 (D) f6,600 19. Harry is a sole trader and has deducted the following items of expenditure in the statement of profit or loss for his most recent accounting period: How much should be added back to Harry's net profit to arrive at his tax adjusted trading profit? Depreciation 2,000, Legal fees in acquiring a new ten-year lease on his business premises E1,000, Entertainment of: staff 2,800 and clients 4,300 A 9,100 B 10,100 C {7,300 (D) E6,30Q 20. Kelly runs a small business which she started on 1 May 2016 and draws up her first set of accounts to 31 January 2017. On 1 June 2016, she purchased a car for E12,500 which she uses 30% for business purposes. The car has CO2 emissions of 120g/km. What are the capital allowances available to her for the period ended 31 January 2017? A E12,500 B E1,688 C) E675 E506