Deferred tax basicsForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Deferred tax basicsThis topic has 1 reply, 2 voices, and was last updated 2 years ago by Stephen Widberg.Viewing 2 posts - 1 through 2 (of 2 total) AuthorPosts July 14, 2021 at 2:35 pm #627714 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆sir can we say that DT liability reverses when asset is realised and DT asset reverses when liability is settled? July 15, 2021 at 7:54 am #627813 Stephen WidbergKeymasterTopics: 15Replies: 3217☆☆☆☆☆Probably true in most cases (except losses). But for DT, simply say ‘there is a TD because…………… ‘ and then calculate the asset or liability. I wouldn’t go on about ‘reversing’ in the answer.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