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Deferred tax and UK GAAP

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Deferred tax and UK GAAP

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.
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    Posts
  • October 28, 2023 at 11:18 am #694094
    guyver101
    Participant
    • Topics: 33
    • Replies: 28
    • ☆☆

    Hi, can you give an example where FRS 102 and IAS 12 would lead to different deferred tax amounts please. I tried the AI function but it couldnt give one (it gave an example but the deferred tax was exactly the same!).

    I cant get my head around this.

    Thanks

    October 28, 2023 at 1:55 pm #694104
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3396
    • ☆☆☆☆☆

    The only one that springs to mind is a PPE/IP revaluation.

    INT Always recognise DT
    UK Only recognise DT if you are expecting to sell the asset

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