Deferred taxForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Deferred taxThis topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts April 9, 2021 at 3:55 am #616503 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆sir what is the tax base of a prepaid expenses, assuming tax base is calculated on a cash paid basis. and can you also state the accompanying reason. April 9, 2021 at 9:53 am #616555 Stephen WidbergKeymasterTopics: 15Replies: 3234☆☆☆☆☆Prepaid rent 100.Already allowed for tax.TD = 100DT liability (x tax rate)Think of your T account – if the T account would have a Dr balance, the DT will be a liability (and vice versa)Again we are not normally asked to explain DT in any detail.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In