Question: John started trading on the 1st March 2016 and prepared accounts to 30/06. His tax adjusted trading profits were as follows: Period Ended 30.06.16 14,000

John started trading on the 1st March 2016 and prepared accounts to 30/06. His tax adjusted trading profits were as follows: Period Ended 30.06.16 14,000 Year Ended 30.06.17 21,000 Year Ended 30.06.18 30,000 Year Ended 30.06.19 26,000 Calculate the trading income assessable for each of the relevant tax years and state the amounts and dates of any overlap profits

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