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Balancing charge & balancing allowance

Forums › CIMA Forums › Balancing charge & balancing allowance

  • This topic has 0 replies, 1 voice, and was last updated 4 years ago by moreiram21.
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  • May 6, 2021 at 7:45 am #619825
    moreiram21
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    • Topics: 1
    • Replies: 0
    • ☆

    Dear Tutors,

    I am a bit confused with the proforma when we have balancing charge, balancing allowance, accounting depreciation and tax depreciation allowance.

    Why I do not include the accounting depreciation and tax depreciation allowance as information to calculate the taxable profit?

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