Deferred tax and UK GAAP

This topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.

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October 28, 2023 at 11:18 am #694094
guyver101
Participant
- Topics: 33
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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
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- Topics: 17
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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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