• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
Free ACCA & CIMA online courses from OpenTuition

Free ACCA & CIMA online courses from OpenTuition

Free Notes, Lectures, Tests and Forums for ACCA and CIMA exams

  • ACCA
  • CIMA
  • FIA
  • OBU
  • Books
  • Forums
  • Ask AI
  • Search
  • Register
  • Login
  • ACCA Forums
  • Ask ACCA Tutor
  • FIA Forums
  • CIMA Forums
  • OBU Forums
  • Qualified Members forum
  • Buy/Sell Books
  • All Forums
  • Latest Topics

September 2025 ACCA Exam results

Post comments & Instant poll

20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

NIC for Corporation Tax

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › NIC for Corporation Tax

  • This topic has 1 reply, 2 voices, and was last updated 11 years ago by Tax Tutor.
Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • June 1, 2014 at 5:06 pm #172390
    Mohammad Ibrahim
    Member
    • Topics: 37
    • Replies: 13
    • ☆☆

    What do you mean by when the text book says NIC contributions are tax deductible while calculating tax adjusted trading profits ?

    1) Does it mean the treatment is same as that of depreciation ?
    OR
    2) Is the treatment same as that of profit from disposal or for a short lease ?

    And what types of NIC contributions included ?

    Thank You.

    June 2, 2014 at 10:45 am #172577
    Tax Tutor
    Member
    • Topics: 2
    • Replies: 3965
    • ☆☆☆☆☆

    The gross cost to companies of salaries and wages, which is of course a tax deductible cost, includes the EMPLOYER’S NIC.

  • Author
    Posts
Viewing 2 posts - 1 through 2 (of 2 total)
  • You must be logged in to reply to this topic.
Log In

Primary Sidebar

Donate
If you have benefited from our materials, please donate

ACCA News:

ACCA My Exam Performance for non-variant

Applied Skills exams is available NOW

ACCA Options:  “Read the Mind of the Marker” articles

Subscribe to ACCA’s Student Accountant Direct

ACCA CBE 2025 Exams

How was your exam, and what was the exam result?

BT CBE exam was.. | MA CBE exam was..
FA CBE exam was.. | LW CBE exam was..

Donate

If you have benefited from OpenTuition please donate.

PQ Magazine

Latest Comments

  • babysnow88 on Other Employment Benefits – ACCA SBR
  • babysnow88 on Curtailment and Asset ceiling (IAS 19) – ACCA (SBR) lectures
  • BurtBikkie on Financial Position – liquidity and working capital – ACCA Financial Reporting (FR)
  • abhichan on Basic group structures – Basic consolidation example – ACCA (SBR) lectures
  • jacoblynch on Accounting for Limited Companies –  The statement of Profit and Loss – ACCA (FA) lectures

Copyright © 2025 · Support · Contact · Advertising · OpenLicense · About · Sitemap · Comments · Log in