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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Mar/jun 2016
In qs one of mar/jun 16 ..appendix one the taxation figure …how they are bringing 48.6 -3.5 ..
Please guide
Thank u
The tax is based on the operating profit (48.6) less the interest (3.5). Interest is allowable for tax.
