Frinton Ltd's accounts showed a profit before tax of 65,000 for the year to 31 March 2023.

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Frinton Ltd's accounts showed a profit before tax of £65,000 for the year to 31 March 2023. Expenditure shown in the accounts included depreciation of £3,000 and a cash donation to British Heart of £6,000. A rental income of £7,000 was included in the accounts.

Capital allowances for the year ended 31 March 2023 have been calculated as £4,000.

Required: Which of the following is the company's Taxable Total Profit (TTP) for the year ended 31 March 2023?

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Classical Electrodynamics

ISBN: 978-0471309321

3rd Edition

Authors: John David Jackson

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Posted Date: Apr 19, 2023 10:43 PM

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Frinton Ltd's accounts showed a profit before tax of 65,000 for the year to 31 March 2023.

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To calculate the Taxable Total Profit TTP for the year ended 31 March 2023 ... View the full answer

Classical Electrodynamics

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