Trading resultsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Trading resultsThis topic has 1 reply, 2 voices, and was last updated 6 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts July 27, 2017 at 9:11 pm #399070 CandyMemberTopics: 135Replies: 79☆☆☆Dear tutor,Please confirmTrading results and total income are not tax adjusted figures and therefore we need to adjust for the tax year using basis of assessment?Yet if we get a question with tax adjusted trading profits, we do not need to adjust and instead insert the figure into our tax year calculations?Thank you July 28, 2017 at 6:55 am #399094 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆The tax adjusted trading profit is the figure to include in the income tax computation for the relevant tax year of assessment along with the other sources of taxable income in deriving the total income figure which also included on that computationAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In