effective v/s statuatory rate?Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › effective v/s statuatory rate?This topic has 2 replies, 2 voices, and was last updated 4 years ago by Stephen Widberg.Viewing 3 posts - 1 through 3 (of 3 total)AuthorPosts April 9, 2021 at 2:49 pm #616575 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆sir what are some of the reasons why effective rate is different from statutory rate?deferred tax? under or over provisions? are these some of the likely reasons? April 9, 2021 at 2:51 pm #616576 Noah098MemberTopics: 935Replies: 352☆☆☆☆☆basically we will be answering this question in the same way as we’ll be answering a question asking why taxable profits are different from accounting profits.so both of them will have similar reasoning, isnt it ? April 10, 2021 at 1:32 pm #616657 Stephen WidbergKeymasterTopics: 16Replies: 3411☆☆☆☆☆UK example:PBT 100 Add back fine disallowed for tax 20 Taxable profit 120Tax @19% = 22.8Effective rate = 22.8 / 100 x 100 = 22.8%So, yes, because of permanent and temporary differencesAuthorPostsViewing 3 posts - 1 through 3 (of 3 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In