问答题

问答题 (a) Compute the adjusted Case I income/(loss) of Moon Ltd for the year ended 31 December 2008. (10 marks)

问答题 (b) (i) Compute the corporation tax liabilities of Moon Ltd for each of the years ended 31 December 2007 and 31 December 2008; (8 marks) (ii) Compute the corporation tax liability of Star Ltd for each of the years ended 31 December 2007 and 31 December 2008. (7 marks) Note: the computations in both (i) and (ii) should be made on the assumption that maximum relief(s) is claimed at the earliest opportunity.

问答题 (c) (i) State the due date for the filing of the corporation tax return for Moon Ltd for the year ended 31 December 2008; (1 mark) (ii) Explain the implications of claiming loss relief where a corporation tax return is filed late. (4 marks)