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QUESTION 7 . 5 ( Taxation of a club ) South East Workers Club disclosed the following data for the 2 0 2 1 /
QUESTION Taxation of a club
South East Workers Club disclosed the following data for the tax
year:
Note
The holiday units are only available to members for use with their
families.
South East Workers Club is a notforprofit company that is not a small
business entity.
Calculate the taxable income of South East Workers Club for the
tax year.
Calculate tax payable by South East Workers Club for the tax
year.
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