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chargeable gains/losses

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › chargeable gains/losses

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by Tax Tutor.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • July 22, 2020 at 10:30 am #577626
    Holmes1308
    Member
    • Topics: 34
    • Replies: 16
    • ☆☆

    Professor I remember learning in F7 that, profits on disposals of assets are credited in P&L. But when i look at the pro forma of computation of taxable total profits, they are(profits on disposals of assets or chargeable gains) are being added again to Tax adjusted total profits. Am totally confused noww.

    Can you help me out.

    July 22, 2020 at 10:41 am #577632
    Holmes1308
    Member
    • Topics: 34
    • Replies: 16
    • ☆☆

    i got my answer sir. Reread your notes.

    July 22, 2020 at 11:38 am #577644
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    That’s great – always check back to notes and lectures before resorting to asking a question

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