Revenue expenditure and SSB: Difference between pages

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imported>Doug Williamson
(Add links & alternative name - source - Abcam plc AR 2016 - p23.)
 
imported>Doug Williamson
(Layout.)
 
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1. ''Financial reporting.''
Standard Setting Body.
 
Expenditure that is charged against profits in the current financial reporting period, rather than being capitalised.
 
Sometimes known as ''revenue costs.''
 
 
2. ''Tax.'' 
 
Expenditure incurred in the course of trade that is treated as an allowable deduction in arriving at taxable profit.




== See also ==
== See also ==
* [[Capitalise]]
* [[Standard Setting Body]]
* [[Expenditure]]
* [[Opex]]
* [[Revenue]]
 
[[Category:Accounting,_tax_and_regulation]]

Revision as of 12:18, 22 June 2016

Standard Setting Body.


See also