pilot q1Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › pilot q1This topic has 1 reply, 2 voices, and was last updated 8 years ago by John Moffat.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts March 3, 2017 at 10:12 am #375272 AnonymousInactiveTopics: 16Replies: 4☆Tad is considered when calculating tax why it’s not add back after taxation March 3, 2017 at 10:36 am #375287 John MoffatKeymasterTopics: 57Replies: 54717☆☆☆☆☆The cash flow summary shows the profit before tax – no tax allowable depreciation has been subtracted because it is not a cash flow.The workings for the tax have calculated the tax after TAD, which is correct, and so the tax is a cash flow which appears on the cash flow summary.Since TAD has not been subtracted in the actual cash flow summary, there is no need to add it back.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘pilot q1’ is closed to new replies.