[dtlong]

Here is a question about “interest is allowable for tax if you are having to calculate the tax”.

In the Appendix 3 of provided answers for Question 1 of December 2015 paper, when calculating the cash flows for years 1 to 4, the tax figures (which are 597, 627, 658, 691) seem not taking into account interest.

Is the answer wrong?

[Author]

Posts