Wilfred has business profits of 105,500 in 2020/21. He has no other income but does...

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Accounting

Wilfred has business profits of 105,500 in 2020/21. He has no other income but does pay a gift aid charity donation of 1,200. => What is Wilfreds personal allowance for 2020/21?

Select one: a. 9,750 b. 11,250 c. 12,500 d. 14,000

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