IFRS 17 and Taxable income: Difference between pages

Revision as of 11:14, 31 August 2016

1. UK Income Tax.

Taxable income is the amount of a taxpayer's net income which is subject to Income Tax, after deducting personal allowances.

2.

More generally, an amount of corporate or personal income which is subject to taxation.

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-International Financial Reporting Standard 17, dealing with insurance contracts.
+. ''UK Income Tax.''
-IFRS 17 establishes the principles for the recognition, measurement, presentation and disclosure of insurance contracts.
+Taxable income is the amount of a taxpayer's net income which is subject to Income Tax, after deducting personal allowances.
-IFRS 17 applies to annual reporting periods beginning on or after 1 January 2023.
+.
-It replaces IFRS 4.
+More generally, an amount of corporate or personal income which is subject to taxation.
 ==See also==
-* [[IFRS 4]]
+* [[Chargeable gain]]
-* [[Insurance]]
+* [[Corporation Tax]]
-* [[International Accounting Standards Board]]
+* [[Income Tax]]
+* [[Loan relationship income]]
+* [[Net income]]
-==External link==
+* [[Personal allowance]]
+* [[Taxable profits]]
-*[https://www.iasplus.com/en/standards/ifrs/ifrs-17 IFRS17 - IAS Plus]
+* [[Taxable trading profits]]
-[[Category:Compliance_and_audit]]