CASE STUDY 1

摘要

Ms X was a solicitor in her own sole practice, and she had rental income also. She decided to retire early and sell her practice at the end of her accounting year, 31 January. She went to discuss it with her chartered accountant. Things went to plan and the practice was sold on 31 January 2007. Ms X worked hard to bring in all the outstanding fees during those last few months and was so successful that she crossed into the 40% tax band.