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bonuses

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › bonuses

  • This topic has 1 reply, 2 voices, and was last updated 4 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • August 19, 2020 at 1:46 am #581103
    Holmes1308
    Member
    • Topics: 34
    • Replies: 16
    • ☆☆

    sir lets say an AP is of 7months, if within 9 months of the end of AP bonuses are paid(not during AP) then we’ll consider bonuses as deductible expenses?

    thanks once again:)

    August 23, 2020 at 8:46 pm #581680
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    Yes if bonuses are paid within 9 months of the AP end and have been accounted for in the financial statements they will be allowable expenses of that period

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