John was born in April 1970.

The following information is available for the tax year 2020/21 :

John started a business on 1 July 2020, and made up his accounts to 31 December each year. The tax adjusted profits for the first three periods of account were as follows:

15 months to 31 December 2021 91,000

Year to 31 December 2022 98,000

Year to 31 December 2023 103,000

Other information:

During the tax year 2020/21 John received dividends of 16,000 and bank interest of 1,000 in the tax year. He also paid 900 into his personal pension scheme .

Calculate adjusted trading profits for the first four tax years and calculate the amount of any overlap profits to be carried forward.

Compute Johns income tax payable for 2020/21.