Income tax

Hi, The statement of financial position will show the estimate of the current year tax within current liabilities. There will also be the deferred tax position at the reporting date too. The statement of profit or loss shows the tax charge, being the current tax adjusted for any under/over provision and the movement in the deferred tax balance. Now that you have the basics, try and use this to answer the question above. Once you've had a go, let me know your answer and then I can tell you if you are right or wrong. If you're wrong then I'll correct you. Thanks