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
Monday 8 June 2015
Cima F1 Exam Question No 15
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
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: only a member of this blog may post a comment.