5 Trading profits Flashcards

1
Q

what are the badges of trade - if present

A
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2
Q

computing taxable trading profits - overview of the adjustment to profit computation

A
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3
Q

explain the trading allowance available to those who carry on a trade

A
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4
Q

allowable expenditure definition

A
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5
Q

adjustment of trading profits now shown in the accounts

A
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6
Q

expenditure not shown in accounts

A
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