Tad is considered when calculating tax why it's not add back after taxation
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pilot q1
9y ago#1The 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.
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