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Question: a. Calculate Daniels total employment income for the fiscal year 2021/22. Also show any benefits he has received that do not require a tax

  • Question: a. Calculate Daniel’s total employment income for the fiscal year 2021/22. Also show any benefits he has received that do not require a tax adjustment\\nb. Calculate Daniel’s income tax liability for 2021/22, specifying any remaining tax due and the due date.\\nc. Calculate Daniel’s net property business income for 2021/22.\\nd. Use the series of Badges of

    a. Calculate Daniel’s total employment income for the fiscal year 2021/22. Also show any benefits he has received that do not require a tax adjustment\\nb. Calculate Daniel’s income tax liability for 2021/22, specifying any remaining tax due and the due date.\\nc. Calculate Daniel’s net property business income for 2021/22.\\nd. Use the series of Badges of Trade tests to analyse if Lucy is carrying out a trade for tax purposes.\\ne. Calculate taxable trading profit for Lucy’s ‘building trade’ for the year ended 1st April 2022. Also show items have been considered but no tax adjustment is required.\\nf. Calculate Lucy’s income tax payable for the 2021/22 tax year.\\n

 

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