ACE Limited has the following results for the 15 months to 31 December 2021:

£

Adjusted trading profit, before deduction of capital allowances 1,500,000

Capital allowances claimed:

Year to 30 September 2021 312,650

3 months to 31 Dec 2021 40,210

Capital gains/loss

Disposal 12 May 2021 (Gain) 15,586

Disposal 6 October 2021 (loss) (12,692)

Building society interest:

Received 31 December 2020 3,500

Received 31 December 2021 4,000

UK dividend received on 25 November 2021 10,000

Accrued building society interest was £2,000 on 30 September 2020, £4,000 on 30 September 2021 and £2,000 on 31 December 2021.

Required:

1. State the due date of the payment for all the relevant accounting period(You should assume this company was large in the previous accounting period)

Answer rating: 100% (QA)

CALCULATON OF COMPANYS TOTAL TAX LIABILITY FOR THE PERIOD 01OCTOBER2019 TO 31 DECEMBER2020 PARTICULA... View the full answer