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Benefits vs Deductions

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Benefits vs Deductions

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by AvatarTax Tutor.
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  • June 30, 2020 at 1:14 pm #575437
    Avatarjunelaw
    Member

    Hello, could you please explain the difference between benefits and deductions when we calculate taxable income?

    July 2, 2020 at 11:23 am #575726
    AvatarTax Tutor
    Member

    A benefit is added in deriving the figure of employment income and a deduction is deducted in deriving the employment income assessment

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