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Homework answers / question archive / Thomas is self-employed, and for the year ended 5 April his trading profit was £111,100

Thomas is self-employed, and for the year ended 5 April his trading profit was £111,100

Accounting

Thomas is self-employed, and for the year ended 5 April his trading profit was £111,100. During the tax year 2019/20, Thomas made a gift aid donation of £800 (gross) to a national charity. 19. What amount of personal allowance will Thomas be entitled to for the tax year 2019/20? £ (3 marks)

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