Long Periods of Account Flashcards by Darren Weir | Brainscape

Q

Trading profits?

A

First do the addbacks etc then apportion

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Q

Bank Interest?

A

Apportioned

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Q

Rental Income?

A

Apportion but look carefully at dates and if the rents rise in the year

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Q

Chargeable gains?

A

By date

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Q

Donations

A

By date

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Q

Capital allowances

A

Cant do more than 12 months so split. AIA for each period apportioned.

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