Phillip started trading on 1 June 2021. He ceases trading on 31 July 2026. Adjusted trading profits

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Phillip started trading on 1 June 2021. He ceases trading on 31 July 2026. Adjusted trading profits are as follows Compute Phillip's trading income for all tax years.

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Taxation Finance Act 2023

ISBN: 9781292461083

29th Edition

Authors: Alan Melville

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Question Posted: May 02, 2024 10:01 AM

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Phillip started trading on 1 June 2021. He ceases trading on 31 July 2026. Adjusted trading profits

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Overlap profits are 616 28800 10800 Tax year 202324 is a transitional y...View the full answer

Taxation Finance Act 2023

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