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taxation question please answer with the appropriate steps pictures are quite clear its a screenshot please do not waste my time if you are unable

taxation question please answer with the appropriate steps
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pictures are quite clear its a screenshot please do not waste my time if you are unable to help me
Answer all questions Question 1 Padama Manufacturing Company La predacers of fruit juice. It started business on 01/01/2016 peeparing accounts to 31 December each year. The company had constructed an office building and was put into on 01/01/2016. The following are the capital allowance written down values brought forward from pools of assets as a 01/01/17 GHE 12.000 Pool 2 $20,000 Pool 3 405.000 Office Building $40,000 Patent (acquired in 2016 for five years) 48.000 The company acquired the following chargeable assets for the business in 2017. GH Factory Buildings 958,000 Plant and Machinery 2.500,000 File Cabinet 10,000 Electric Ceiling and Standing Fans 20,000 Windowed Split Air conditioner 157.000 Motor Vehicles 110,000 Photocopier 14,000 LCD Television Visites Chairs 5.500 Office Chairs and Tables 56,000 The following assets were disposed off in 2017 since they were the suitable for the company Computers and accessories GHCl 1,600,Standing fans Gr.500. These were the cash sales proceeds The company acquired the following chargeable assets for the business in 2018 Toyota Salon car 70,000 Toyota Pick-up (only cer) 95,000 1.CD Projector 3.500 Data Handling Machine 36,000 Tracks and Trailers 54,000 Trade Mark (registered for 8 years) 72,000 One of the vehicles was involved in an accidens in 2018 and the compatty received GH45,000 as recompensation in the same year. 3.000 Ghe Required: *) Determine the capital illerances for Fiadamu Manufacturing Company Lid for 2017 and 2018 years of assessment b) Indicate how the classes or pool system works with the treatment of capital allowance (2 marks) (Total: 10 marks) i Question 2 .) Define the following in accordance with the Income Tax Act 2015 (1896) Resident individual it Commercial vehicle it. Contract of Service Tax avoidance Rasis period ly 15 Marks b) State and explain five principles of Tanation 15 Marks Answer all questions Question 1 Fadama Manufacturing Company Lid. producers of fruit juice. It started business on 01/01/2016 preparing accounts to 31 December each year. The company had constructed an office building and was put into se on 01/01/2016. The following are the capital allowance written down values brought forward from pools of assets as at 01/01/17 GH Pool 12,000 Pool 2 $20,000 Pool 405.000 Office Building 540,000 Patent (acquired in 2016 for five years) 48.000 The company acquired the following chargeable assets for the business in 2017 GHC Factory Buildings 958,000 Plant and Machinery 2.500,000 File Cabinet 10,000 Electric Ceiling and Standing Fans 20.000 Window and Split Air conditioners 157,000 Motor Vehicles 110,000 Photocopier 14,000 LCD Television 3,000 Visitors Chairs 5,500 Office Chairs and Tables 56,000 1 Electrie Ceiling and Standing Fan Window and Split Air conditioners Motor Vehicles Photocopier LCD Television Visitors Chains Otrice Chairs and Tables 20,000 137.000 110,000 14,000 3.000 5.500 56,000 The following assets were disposed off in 2017 since they were not suitable for the company Computers and accessories GH11,600; Standing fans GH 3.500. These were the cash sales proceeds. The company acquired the following chargeable assets for the business in 2018 GH Toyota Salon car 70,000 Toyota Pick-up (only one) 95,000 LCD Projector 5,500 Data Handling Machine 36,000 Trucks and Trailers 54,000 Trade Mark (registered for 8 years) 72,000 One of the vehicles was involved in an accident in 2018 and the company received GH 45.000 as insurance compensation in the same year. Required: Required: a) Determine the capital allowances for Fadama Manufacturing Company Ltd for 2017 and 2018 years of assessment (8 marks) b) Indicate how the classes or pool system works with the treatment of capital allowance (2 marks) (Total: 10 marks) Question 2 a) Define a the following in accordance with the Income Tax Act 2015, (Act 896) Answer all questions Question 1 Padama Manufacturing Company La predacers of fruit juice. It started business on 01/01/2016 peeparing accounts to 31 December each year. The company had constructed an office building and was put into on 01/01/2016. The following are the capital allowance written down values brought forward from pools of assets as a 01/01/17 GHE 12.000 Pool 2 $20,000 Pool 3 405.000 Office Building $40,000 Patent (acquired in 2016 for five years) 48.000 The company acquired the following chargeable assets for the business in 2017. GH Factory Buildings 958,000 Plant and Machinery 2.500,000 File Cabinet 10,000 Electric Ceiling and Standing Fans 20,000 Windowed Split Air conditioner 157.000 Motor Vehicles 110,000 Photocopier 14,000 LCD Television Visites Chairs 5.500 Office Chairs and Tables 56,000 The following assets were disposed off in 2017 since they were the suitable for the company Computers and accessories GHCl 1,600,Standing fans Gr.500. These were the cash sales proceeds The company acquired the following chargeable assets for the business in 2018 Toyota Salon car 70,000 Toyota Pick-up (only cer) 95,000 1.CD Projector 3.500 Data Handling Machine 36,000 Tracks and Trailers 54,000 Trade Mark (registered for 8 years) 72,000 One of the vehicles was involved in an accidens in 2018 and the compatty received GH45,000 as recompensation in the same year. 3.000 Ghe Required: *) Determine the capital illerances for Fiadamu Manufacturing Company Lid for 2017 and 2018 years of assessment b) Indicate how the classes or pool system works with the treatment of capital allowance (2 marks) (Total: 10 marks) i Question 2 .) Define the following in accordance with the Income Tax Act 2015 (1896) Resident individual it Commercial vehicle it. Contract of Service Tax avoidance Rasis period ly 15 Marks b) State and explain five principles of Tanation 15 Marks Answer all questions Question 1 Fadama Manufacturing Company Lid. producers of fruit juice. It started business on 01/01/2016 preparing accounts to 31 December each year. The company had constructed an office building and was put into se on 01/01/2016. The following are the capital allowance written down values brought forward from pools of assets as at 01/01/17 GH Pool 12,000 Pool 2 $20,000 Pool 405.000 Office Building 540,000 Patent (acquired in 2016 for five years) 48.000 The company acquired the following chargeable assets for the business in 2017 GHC Factory Buildings 958,000 Plant and Machinery 2.500,000 File Cabinet 10,000 Electric Ceiling and Standing Fans 20.000 Window and Split Air conditioners 157,000 Motor Vehicles 110,000 Photocopier 14,000 LCD Television 3,000 Visitors Chairs 5,500 Office Chairs and Tables 56,000 1 Electrie Ceiling and Standing Fan Window and Split Air conditioners Motor Vehicles Photocopier LCD Television Visitors Chains Otrice Chairs and Tables 20,000 137.000 110,000 14,000 3.000 5.500 56,000 The following assets were disposed off in 2017 since they were not suitable for the company Computers and accessories GH11,600; Standing fans GH 3.500. These were the cash sales proceeds. The company acquired the following chargeable assets for the business in 2018 GH Toyota Salon car 70,000 Toyota Pick-up (only one) 95,000 LCD Projector 5,500 Data Handling Machine 36,000 Trucks and Trailers 54,000 Trade Mark (registered for 8 years) 72,000 One of the vehicles was involved in an accident in 2018 and the company received GH 45.000 as insurance compensation in the same year. Required: Required: a) Determine the capital allowances for Fadama Manufacturing Company Ltd for 2017 and 2018 years of assessment (8 marks) b) Indicate how the classes or pool system works with the treatment of capital allowance (2 marks) (Total: 10 marks) Question 2 a) Define a the following in accordance with the Income Tax Act 2015, (Act 896)

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