Lecture notes
Lecture 7 self employment 2
- Module
- Tax (ACC3140)
- Institution
- Middlesex University (MDX)
Apply the basis of assessment for trading income. Compute ‘overlap profits’ and show how relief is obtained. Calculate the effect of a change of accounting date. Show how adjustments to an income statement can produce a loss. Identify the forms of relief for trading losses and compu...
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