Iven scenario:John Jones uses the grounds of his house to sell plants and garden equipment

Based on the above scenario(title of piece):John Jones seeks advise from you on the following matters:

a)Which expenses can be deducted from the profits of the company if the business is incorporated?What principles are applied by the courts to decide this matter?

b)Whether hi is entitled to claim capital allowances against the profits of the garden centre if he spends money on a planteria to house delicate tropical plants.

c)Whether any relief against corporation tax will be available to him if he incurs trading losses in the first year as a limited company.

d)Whether hw will be able to claim the Principal Private Residence exemption from Capital Gains tax when he decides to sell his home at a profit in the near future.

Advise him

The assignment must be typed or word-processed on A4 paper