Maria begins trading on 1 October 2024, preparing accounts to 30 June each year. Her first accounts

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Maria begins trading on 1 October 2024, preparing accounts to 30 June each year. Her first accounts cover the nine months from 1 October 2024 to 30 June 2025. Adjusted trading profits/(losses) for the first three periods of account are as follows:

Compute Maria's trading income for tax years 2024-25 to 2026-27 inclusive, apportioning profits and losses on a monthly basis.

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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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Maria begins trading on 1 October 2024, preparing accounts to 30 June each year. Her first accounts

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Taxation Finance Act 2023

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