Cima F1 Exam Questions

Monday, 8 June 2015

Cima F1 Exam Question No 15

Question No 15:

What are the Tax on trading income?

Taxable income = Accounting profit - income exempt from tax or taxed under other rules + disallowable expenses (entertaining customers, gift aid payments, political donations in the UK) + accounting depreciation - tax depreciation
Posted by Julia Williams at 22:57 No comments:
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