*9.7 Ken starts trading on 1 October 2004 and chooses 30 April as his accounting date. He...

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*9.7 Ken starts trading on 1 October 2004 and chooses 30 April as his accounting date. He ceases trading on 31 January 2010 and has adjusted trading profits as follows:

£

7 months to 30 April 2005 3,500 year to 30 April 2006 6,480 year to 30 April 2007 7,700 year to 30 April 2008 7,900 year to 30 April 2009 8,200 9 months to 31 January 2010 7,300 Compute Ken's trading income for all tax years.

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Taxation

ISBN: 978-0273730156

15th Edition

Authors: Alan Melville

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