If total profits are 0 and qualifying charitable donations are 1400, then should it be show like this:
Total Profits 0
Qualifying charitable donations (1400)
Taxable total profits 0
or should it be shown like this :
Total profits 0
Qualifying charitable donations 0
Taxable total profits 0
Which is correct
Ask the Tutor ACCA TX-UK
question
It doesn't matter which way but personally I would show the actual amount of QCD paid as I show in the study notes - the main issue is that the TTP is NIL
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