so 4/13
From: Tax Year Basis of Assessment › 1 From a Profit and Loss account to an Income Tax computation
why is it 4/13 in this last example? shouldn't it be 4/12?
so 4/13
From: Tax Year Basis of Assessment › 1 From a Profit and Loss account to an Income Tax computation
why is it 4/13 in this last example? shouldn't it be 4/12?
Because 1 December 2024 to 31 December 2025 is 13 months.
