• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

March 2026 ACCA Exams Results

Comments & Instant poll

Save 20% on ACCA & CIMA Books

Interactive BPP books for June 2026 exams, recommended by OpenTuition.
Get discount code >>

Corporation Tax (Taxable Total Profits)

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › Corporation Tax (Taxable Total Profits)

  • This topic has 0 replies, 1 voice, and was last updated 1 year ago by Avatarkartik123456.
Viewing 1 post (of 1 total)
  • Author
    Posts
  • August 24, 2024 at 12:56 pm #710274
    Avatarkartik123456
    Participant
    • Topics: 4
    • Replies: 2
    • ☆

    Could someone please explain the pro forma for Taxable Total Profits. When we adjust the expenses and income from net income and arrive at tax adjusted trading profit, are other gains and income like property income , interest receivable not already accounted for in this calculation ?

    Why are we adding Interest receivable ,property income, net chargeable gains separately to arrive at taxable total profits? Have these not been already considered when we make adjustments to net income to arrive at tax adjusted trading profit?

    What is the difference between trading profits and total profits when we consider it in terms of Statement of Profit and Loss in books of company’s accounts?

    I am able to understand that for self employed people there will be income other than trading profits but getting confused about the corporation?

    Thank you!

  • Author
    Posts
Viewing 1 post (of 1 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE Exams – Instant Poll

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • mrjonbain on Sources of data – ACCA Management Accounting (MA)
  • mrjonbain on Audit Evidence – ACCA Audit and Assurance (AA)
  • jessejames on Audit Evidence – ACCA Audit and Assurance (AA)
  • Princek23 on FR Revision Mock Exam
  • AllisonHoang on Sources of data – ACCA Management Accounting (MA)

Copyright © 2026 · Contact · Advertising · OpenLicense · About · Sitemap · Privacy Policy · Cookie settings · Comments · Log in