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Ask the Tutor ACCA SBR

defined benefit scheme

Former userFormer user5y ago

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stephenwidbergstephenwidbergTutor5y ago#1
If you have a net liability in the SFP (which is usual) you will have a DT asset. Usually because service and net interest costs (in P&L0 exceed contributions paid (allowed for tax). You will be told the tax rules in the exam.
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