Income taxesForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › Income taxesThis topic has 1 reply, 2 voices, and was last updated 7 years ago by P2-D2.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts October 31, 2018 at 1:20 pm #480340 mika84MemberTopics: 99Replies: 149☆☆☆Please could you assure that my understanding is right, in your video of Ex.4 – Accelarated capital allowance p.61 you explain SFP and SPL entries.Is following correct:SFP Noncurrent liabilities: Deferred tax -3500 -8625 -13969SPL Movement -3500 Expense because our expenses increased from 0 to 3500Movement -1625 Expense because our expenses increased from 3500 to 5125Movement-219 Expense because our expenses increased from 5125 to 5344Are only movements figures shown in SPL ?Thank you. November 3, 2018 at 7:11 am #483631 P2-D2KeymasterTopics: 4Replies: 7212☆☆☆☆☆Hi,Yes, only the movement on the deferred tax balance is shown through profit or loss. Any increase in a liability is therefore an expense, as you’ve demonstrated correctly above.ThanksAuthorPostsViewing 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