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Deffered tax

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Deffered tax

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by Kim Smith.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • August 17, 2018 at 6:56 pm #468300
    zkaay
    Participant
    • Topics: 212
    • Replies: 98
    • ☆☆☆

    Hi sir,

    Discuss the deferred tax provision with management to understand why no movement on the balance is forecast, particularly given the planned capital expenditure.

    How does planning to purchase ppe lead to deffered tax?

    Taxation is on profits not on purchasing (spending)?

    Could u clarify my miunderstanding within the context

    Thanks v much

    August 18, 2018 at 8:42 am #468328
    Kim Smith
    Keymaster
    • Topics: 135
    • Replies: 8337
    • ☆☆☆☆☆

    All financial reporting knowledge is assumed. Deferred tax was introduced in FR (F7). Please refer to the relevant chapter and lecture in FR.

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