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Ask the Tutor ACCA SBR

tax base of an item

Former userFormer user5y ago

[Content removed at user request]

stephenwidbergstephenwidbergTutor5y ago#1
Don't sue me over it but it looks like a reasonable rule of thumb. Normally tax base is zero - main exception is writing down PPE where accounting depreciation is different to tax allowances. No particular marks for the word 'tax base' - what the examiner is looking for is the 'temporary difference'.
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