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Illustration on Basis Period Peter owns a sole proprietorship business which has a 30-June year-end with the following income: (9) Adjusted trade profit for the

Illustration on Basis Period Peter owns a sole proprietorship business which has a 30-June year-end with the following income: (9) Adjusted trade profit for the year-ended 30 June 2022 BP 14. (Taxabl Taxable Interest which is due & payable on 31 Aug 2021 15 May 2022 31 July 2022 G Falls into the next accounting period of I July 2022 - 30 June 2023 13P (₂ (XA 2024) will to be pay In addition, Peter owns an office unit under his personal name which was leased out for one year starting from 1 May 2022. The het rental income is $3,600 per month. to December 2022- __12___ month 


Determine Peter's taxable income for YA 2023. 1 May 2012 - · Dec 2023 $50,000 Busis period?

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