Marginal rate of tax relief and Mark to market basis: Difference between pages
From ACT Wiki
(Difference between pages)
imported>Doug Williamson (Layout.) |
imported>Doug Williamson m (Category added 8/10/13) |
||
| Line 1: | Line 1: | ||
1. | |||
In financial accounting, the recognition of assets and liabilities at their current market values, as at the end of the financial accounting period. | |||
2. | |||
A basis of taxation which follows the mark to market basis of financial accounting. | |||
3. | |||
''UK Tax''. | |||
A method of allocating loan-related payments to the period in which they become due and payable and brings the value of loan relationships into account at fair value at the end of each period. | |||
== See also == | == See also == | ||
* [[ | * [[Accruals basis]] | ||
* [[ | * [[Market value]] | ||
[[Category: | [[Category:Accounting_and_Reporting]] | ||
[[Category:Taxation]] | |||
Revision as of 09:12, 8 October 2013
1.
In financial accounting, the recognition of assets and liabilities at their current market values, as at the end of the financial accounting period.
2.
A basis of taxation which follows the mark to market basis of financial accounting.
3.
UK Tax.
A method of allocating loan-related payments to the period in which they become due and payable and brings the value of loan relationships into account at fair value at the end of each period.
