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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Difference between Income Tax Liability and Income Tax Payable
Hello,
Could you please clarify the difference between Income Tax Liability and Income Tax Payable? They pretty much sound like synonyms to me! Thank you.
May I just ask if you are using the OT Study Notes and lectures?
I just started the second lecture in which the doubt was cleared. Thanks again!
No problem – work through the notes and lectures doing the assigned work at the end of each chapter and once each tax has been completed attempt some section C questions for income tax and corporation tax and some section B questions for CGT, IHT and VAT from your Exam / Revision Kit that you should purchase from one of the approved ACCA providers.