[nattymaq]

@johnmoffat said:
1. The question asks for the dividend capacity, so interest needs subtracting. The interest reduces the taxable profit and therefore reduces the tax charge. Otherwise, where you subtract it in the table doesn’t matter.

Search regarding this, the answer deducts interest prior to taxation. I deducted tax prior to deducting the interest, which obviously led to a different answer. Kindly assist

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