How much tax was actually paid

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Reference no: EM132140431

Question 1. An organization owes £300,000 tax at 1.7.X4 and £450,000 at 30.6.X5.

Its income statement for the year to 30.6.X5 includes a tax charge of £400,000. How much tax was actually paid in the year to 30.6.X5?

Reference no: EM132140431

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