Director and Disallowable expenditure: Difference between pages
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imported>Doug Williamson (Created page with "1. ''Company law''. A senior manager of a company elected by the shareholders under the company's formal constitution. The directors are recorded at the companies registry a...") |
imported>Doug Williamson m (Category added 8/10/13) |
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''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'. | |||
== See also == | == See also == | ||
* [[ | * [[Tax computation]] | ||
* [[ | * [[Tax relief]] | ||
[[Category: | [[Category:Taxation]] | ||
Revision as of 08:50, 8 October 2013
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'.
