*24.7 A company has the following results for the 14 months to 31 December 2009: Adjusted...

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*24.7 A company has the following results for the 14 months to 31 December 2009:

£

Adjusted trading profit, before deduction of capital allowances 1,413,508 Capital allowances claimed:

Year to 31 October 2009 222,650 2 months to 31 December 2009 37,210 Capital gains:

Disposal 12 May 2009 16,575 Disposal 6 November 2009 21,692 Building society interest:

Received 31 December 2008 3,500 Received 31 December 2009 4,300 UK dividend received on 25 September 2009 3,150 Accrued building society interest was £3,000 on 31 October 2008, £4,000 on 31 October 2009 and £nil on 31 December 2009.

Compute the company's total corporation tax liability for the 14-month period.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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