每日一练F6 (UK) 答案回复可见
<p>5 Do-Not-Panic Ltd is a United Kingdom resident company that installs burglar alarms. The company commenced<br/>trading on 1 January 2007 and its results for the fifteen-month period ended 31 March 2008 are summarised as<br/>follows:<br/>(1) The trading profit as adjusted for tax purposes is £315,000. This figure is before taking account of capital<br/>allowances.<br/>(2) Do-Not-Panic Ltd purchased equipment for £24,000 on 20 February 2007. The company is a small company<br/>as defined by the Companies Acts.<br/>(3) On 21 December 2007 Do-Not-Panic Ltd disposed of some investments and this resulted in a capital loss of<br/>£4,250. On 28 March 2008 the company made a further disposal and this resulted in a chargeable gain of<br/>£42,000.<br/>(4) Franked investment income of £25,000 was received on 22 February 2008.<br/>Do-Not-Panic Ltd has no associated companies.<br/>Required:<br/>Calculate Do-Not-Panic Ltd’s corporation tax liabilities in respect of the fifteen-month period ended 31 March<br/>2008 and advise the company by when these should be paid.<br/>(10 marks)</p><p></p><p>5 Do-Not-Panic Ltd – Corporation tax liabilities for the fifteen-month period ended 31 March 2008<br/>Year ended Period ended<br/>31 December 2007 31 March 2008<br/>£ £<br/>Trading profit 252,000 63,000<br/>Capital allowances (12,000) (750)<br/>––––––––– ––––––––<br/>240,000 62,250<br/>Capital gains (42,000 – 4,250) – 37,750<br/>––––––––– ––––––––<br/>Profits chargeable to corporation tax 240,000 100,000<br/>Franked investment income – 25,000<br/>––––––––– ––––––––<br/>Profit 240,000 125,000<br/>––––––––– ––––––––<br/>Corporation tax<br/>FY 2006 240,000 x 3/12 = 60,000 at 19% 11,400<br/>FY 2007 240,000 x 9/12 = 180,000 at 20% 36,000<br/>FY 2007 100,000 at 30% 30,000<br/>Marginal relief<br/>1/40 (375,000 – 125,000) x 100,000/125,000 (5,000)<br/>––––––––– ––––––––<br/>47,400 25,000<br/>––––––––– ––––––––<br/>Due dates 1 October 2008 1 January 2009<br/>(1) Trading profits are allocated on a time basis: £252,000 (315,000 x 12/15) to the year ended 31 December 2007 and<br/>£63,000 (315,000 x 3/15) to the period ended 31 March 2008.</p><p>8J–UKAD<br/>Paper F6UK<br/>8J–UKAE<br/>Paper F6UK<br/>(2) Separate capital allowance computations are prepared for each accounting period as follows:<br/>Year ended 31 December 2007<br/>Pool Allowances<br/>£ £ £<br/>Equipment 24,000<br/>FYA – 50% (12,000) 12,000<br/>–––––––– –––––––<br/>12,000<br/>–––––––<br/>WDV carried forward 12,000<br/>Period ended 31 March 2008<br/>WDA – 25% x 3/12 (750) 750<br/>––––––– –––––––<br/>WDV carried forward 11,250<br/>–––––––<br/>(3) The capital loss of £4,250 for the year ended 31 December 2007 is carried forward.<br/>(4) The profits chargeable to corporation tax for the year ended 31 December 2007 must be apportioned between the financial<br/>years 2006 and 2007 because of the change in the small company rate of tax.<br/>(5) The period ended 31 March 2008 is three months long so the relevant lower and upper limits are £75,000 (300,000 x<br/>3/12) and £375,000 (1,500,000 x 3/12) respectively.</p> <p>谢谢斑竹了~~~</p> 多谢 ding kankan kankan Xf 点点滴滴点点滴滴淡淡的的 多谢分享。。。。。 谢谢 好 谢谢啦。 tks thx 3ks k 谢谢页:
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