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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Taxation of lost export
Hello! Could you help me to understand why lost export (contribution) are included in taxable base (i.e. decrease taxable base)? I took this question from P4 Solden (N 8).
Thanks!
Please tell me which exam (N 8 does not mean anything 🙂 )
it is BPP Study text for exams up to June 2014, Exam question bank, task N 8 named Solden
I am sorry but I do not have the BPP Study Text – only the Revision Kit.
However, without seeing the question, in general if there is lost contribution then there will be less tax payable.