Deferred tax assets relating to unused tax losses and deductible temporary differences are recognised to the extent that it is probable that future taxable profits will be available against which these unused tax losses and deductible temporary differences can be utilised. In addition, ...
The regulations impose a 20% non-deductible transactional penalty on a tax underpayment attributable to a transfer price claimed on a tax return that is 200% or more, or 50% or less than the arm's-length price. The penalty is increased to 40% if the reported transfer price is 400% or...
goodwill 16 Impairment of property, plant and equipment 12 Release of rehabilitation provisions 13 Acquisition expenses 6 Other operating expenses Operating loss 5 Financial income 10 Finance expense 11 Loss before tax Taxation 14 Loss after tax for the year Other comprehensive income: Exchange ...
Where goodwill forms a part of a cash-generating unit and part of the operation within that unit is disposed of, the goodwill associated with the operation disposed of is included in the carrying amount of the operation when determining the gain or loss on disposal of the operation. Good...
Which of the following two individuals, if either, is automatically not resident in the UK for the tax year 2015–16? Eric, who has never previously been resident in the UK. In the tax year 2015–16, he was in the UK for 40 days. Fran, who was resident in the UK for the two ta...
You provide funds to a good cause and tread ighuty on the evironment. 1、A classic charity shop in the UK A、sells donated things at low cost B、donates unwanted things to members of the public C、raises money for patients D、helps members of the public 2、Which of the following is ...
Triangle Ltd is registered for value added tax (VAT) and uses the annual accounting scheme. For the year ended 31 December 2015, the net VAT payable by Triangle Ltd was ￡73,500. For the year ended 31 December 2014, the net VAT payable by Triangle Ltd was ￡47,700. What monthly ...
And, Zagrobski noted, “Dollar-for-dollar structures might be perceived as more generous, generating more employee goodwill.”Employees can contribute more to their 401(k) than the match, but financial advisors urge workers to at least put in as much as the match. It can be a struggle ...