Disallowable expenditure: Difference between revisions
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imported>Doug Williamson m (Spacing.) |
imported>Doug Williamson m (Added 1 line space before see also) |
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For this reason they are sometimes known as 'addbacks'. | For this reason they are sometimes known as 'addbacks'. | ||
== See also == | == See also == | ||
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* [[Tax relief]] | * [[Tax relief]] | ||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Revision as of 08:59, 17 May 2014
Tax.
Amounts paid out by a taxpayer which are not eligible for tax relief.
Such amounts charged to accounting profits would be added back to the accounting profits, in the calculation of taxable profits in the taxpayer's tax computation.
For this reason they are sometimes known as 'addbacks'.
