A company has the following results for the three years to 31 October 2017: Trading profits/(losses) Income
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A company has the following results for the three years to 31 October 2017:
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Trading profits/(losses) Income from property Gift Aid donations yle 31/10/15 112,500 3,300 2,000 yle 31/10/16 110,700 8,400 2,000 yle 31/10/17 (136,500) 8,800 2,000 Assuming that all possible claims are made to relieve the trading loss against total profits, calculate the company's taxable total profits for each of the three years.
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Notes i In the year to 31 October 2017 the claim for relief against total profits must be for the ma...View the full answer
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