Hello john, hope you are doing good.
sir i wanna ask u question about the timing of tax allowable depreciation. suppose we bought an equipment and its payable at the end of the current financial year and tax is payable in arrears. when do we save the fist TAD.
Is there any situation that we do save TAD at different time then tax liability timing. hope u understood my point sir.
Ask the Tutor ACCA FM
TAD
5y ago#1The investment outflow is at time 0, and the first saving from TAD will be one year later at time 1.
I do suggest that you watch my free lectures on investment appraisal with tax. The lectures are a complete free course for Paper FM and cover everything needed to be able to pass the exam well.
thanks john. i have watched. opentuition is my main study support.
I will watch again.
5y ago#3You are welcome :-)
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