Question
Question 3: ( 10 points): B1, B3, C1 La Sardine Ltd, a UK resident trading company produced the following results for the year ended 31
Question 3: ( 10 points): B1, B3, C1
La Sardine Ltd, a UK resident trading company produced the following results for the year ended 31 March 2022.
|
| |
| Trading income | 350,000 |
| Rental income | 15,000 |
| Bank deposit interest received | 5,000 |
| Bank deposit interest accrued on 31 March 2019 Bank deposit interest accrued on 31 March 2022 | 9,000 4,000 |
| Chargeable gains | 40,000 |
| Qualifying charitable donations | 5,000 |
| Dividends received from UK companies | 24,000 |
The capital loss brought forward from April 2021 were 7,000
How much is the investment income? and what is Corporation tax liability?
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Quality Audits For Improved Performance
Authors: Dennis R. Arter
2nd Edition
0873892631, 978-0873892636
