Hello All
I'm hoping someone can clarify or correct me with the following. I am currently studying for SAT3 and want to make sure my thinking is right for the following. If a sole trader received rental income and bank interest as part of operating their business (say a business premises with a shop above it let out to a tenant), these values are adjustments to profit in order to find the assessable trading income. Would these values then be part of the relevant Property and Savings & Investments computations?
Thanks in advance for any help you can offer.
Dean
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