Kayihle is employed by the local power utility, Botswana Power Corporation (BPC) and runs a commodity broking business. The results of her business operations are given below:

Sales revenue P807,500

Medical Aid refunds P2,500

Dividends received P1,000

Refund of tax P8,950

Closing stock 29,000

P846,950

Opening stock P21,500

Purchases P486,000

Rent P50,000

Donations to charity P14,000

ABSA bank share purchase P16,000

School tuition P13,500

Penalty for traffic offense P1,800

Salaries and wages P200,000

Water and electricity P17,500

Fines on VAT breaches P7,000 P826,500

Net profit P23,450

Additional Information

1. Kayihle has loss brought forward in respect of business amounting to P98,500

Cost and capital allowances for equipment:

Cost P200,000

2. Capital allowances claimed to 30 June 2021 P87,500

3. Kayihle sold shares she had in her sister's company and made a profit of P48,000

4. Kayihle's income from employment was P196,250

Required

1. Calculate capital allowances and chargeable income for the business.
2. Compute tax liability for Kayihle for the tax year ended 30 June 2022
3. State the due date for submitting the business tax return?

Explain the tax treatment for the loss brought forward.