question about Sept / Dec 19 Q1 EVAForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › question about Sept / Dec 19 Q1 EVAThis topic has 1 reply, 2 voices, and was last updated 3 years ago by Ken Garrett.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts July 15, 2021 at 4:26 am #627786 winnielai119ParticipantTopics: 9Replies: 7☆The answer showed “Lost tax relief on interest” is $53M, may I know how to calculate it?Thanks. July 15, 2021 at 1:50 pm #627849 Ken GarrettKeymasterTopics: 10Replies: 10544☆☆☆☆☆Interest paid = 213.Tax rate 25%25% x 213 = 53.25, rounded to 53.If no interest had been paid (to get NOPAT), profits would be 213 higher….but tax would be 53 higher too.AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In