- This topic has 1 reply, 2 voices, and was last updated 9 years ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
-
Posts
-
- Topics: 16
- Replies: 4
- ☆
Tad is considered when calculating tax why it’s not add back after taxation
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.
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘pilot q1’ is closed to new replies.