A company has the following results for the three years to 31 March 2018: Trading profits/(losses) Loan
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A company has the following results for the three years to 31 March 2018:
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Trading profits/(losses) Loan interest receivable Gift Aid donations yle 31/3/2016 yle 31/3/2017 yle 31/3/2018 36,300 64,900 (78,900) 21,500 1,000 1,000 1,000 Assuming that the trading loss of 78,900 is to be carried forward for relief against future trading 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 March 2016 the qualifying charitable donations of 1000 are set against the ...View the full answer
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