(ii) Explain how the inclusion of rental income in Coral’s UK income tax computation could affect the 2022-01-07 (d) Explain how Gloria would be taxed in the UK on the dividends paid by Bubble Inc and the capital gains tax 2022-01-07 5 (a) Carver Ltd was incorporated and began trading in August 2002. It is a close company with no associated 2022-01-07 (d) Evaluate the effect on Gerard of the changes to be made by Fizz plc to its performance related bonus scheme. 2022-01-07 (iii) The extent to which Amy will be subject to income tax in the UK on her earnings in respect of duties 2022-01-07 5 Gagarin wishes to persuade a number of wealthy individuals who are business contacts to invest in his company, 2022-01-07 (c) The inheritance tax payable by Adam in respect of the gift from his aunt. (4 marks) 2022-01-07 (b) Draft a report as at today’s date advising Cutlass Inc on its proposed activities. The report should cover the 2022-01-07 (ii) The answers to any questions that the potential investors may raise in connection with the maximum 2022-01-07 (c) For commercial reasons, Damian believes that it would be sensible to place a new holding company, Bold plc, 2022-01-07