Questions 1 points Sive Answer Badges of Trade are symbols that denote to HRMC the exact type of the business being conducted by a trading company. O Badges of Trade are symbols that denote to HRMC the exact type of the business being conducted by a trading company. Badges of Trade are bought and sold, on the open market: similar to obtaining a business license. Badges of Trade are awards given by the Chamber of Commerce to the top trading enterprises and for following the UK tax code correctly. Badges of Trade are a set of subjective criteria used to determine if a concern is a trading enterprise or not. Weation of 13 Question 11 1 points Save Answer Lita is an accountant lives and normally works in Henley-on-Thames, a town outside of London. Lita often travels to mandatory work meetings at offices in downtown London. Travel expenses average 950 GBP annually. Patrick is an accounting employee based in Reading, UK. Patrick has a temporary assignment of 60 working days where he is working in London, about 3 hours away, depending on travel conditions. The employer pays Patrick 60p (pence) per mile for 10,000 miles travel. O A Lita is not entitled to any travel deduction and Patrick is entitled to 1500 GBP as Tax relief. B. Lita is not entitled to any travel deduction, and Patrick has to claim 1500 as income GBP because payment is in excess of statutory limits. Lita is entitled to a full deduction of travel expenses, and Patrick has to claim 1500 GBP as income because payment is in excess of statutory limits. .Lita is entitled to a full deduction of travel expenses, and Patrick is entitled to 500 GBP as Tax relief. www