Directors report and Disallowable expenditure: Difference between pages
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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 == | ||
* [[ | * [[Expenditure]] | ||
* [[ | * [[Expense]] | ||
* [[Tax computation]] | |||
* [[Tax relief]] | |||
[[Category: | [[Category:Accounting,_tax_and_regulation]] | ||
Latest revision as of 22:13, 14 July 2022
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'.
