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Macroeconomics questions. Solve clearly 1 Taxable profits for a company are: A unadjusted pre-tax accounting profits. B trading profits less capital allowances. unadjusted income (after

Macroeconomics questions. Solve clearly

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1 Taxable profits for a company are: A unadjusted pre-tax accounting profits. B trading profits less capital allowances. unadjusted income (after expenses) plus capital gains. D none of the above. [2] .2 What is the most logical explanation for the requirement that investment income often has tax deducted at source? A To discourage companies from paying dividends B To ensure that taxpayers who have insufficient income to pay tax are required to pay tax on their investment income C To enable governments to tax investment income at a higher rate than earned income D To simplify the collection of tax [2] 3 List three sources of personal income that are tax-free in the UK. Outline other adjustments made to total income in order to arrive at taxable income. [5] .4 Outline the system of capital gains tax as it applies to individuals in the UK. [5] 5 Explain how corporation tax on the annual profits of a company is calculated. [5]Use these results to test whether there is an association between the presence of the alleles and the classification into the three AIDS statuses. [5] 6 Insurance claims (in {) arriving at an office over the last month have been analysed. The results are as follows: Claim size, c OSC

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