Deferred tax in CC accounts: the case for amending SSAP16

Picot, Steve
November 1982
Accountancy;Nov82, Vol. 93 Issue 1071, p145
Trade Publication
Focuses on deferred tax in current cost accounts in Great Britain as of November 1982. Problems posed by the existing deferred tax scheme; Reasons for amending the SSAP 16 tax rule.


Related Articles

  • Draw align. Wickenden, Tony // Money Marketing;4/9/2009, p45 

    The author reflects on the financial planning strategies that financial advisers should consider in management of clients' cash. He points out concerns over the management of funds to the arrangement of pension and the need to take into consideration the attitude of investors towards holding up...

  • After tax reform: accounting for inventories. Herdman, Robert K.; Neary, Robert D. // Financial Executive;Nov/Dec87, Vol. 3 Issue 6, p16 

    This article discusses the financial reporting implications of the 1986 Tax Reform Act on inventory accounting and tax liabilities of companies in the United States. The changes in tax rules are examined with regards to: full absorption versus uniform capitalization; the LIFO method of inventory...

  • How much deferred tax do we need under current cost accounting? Gibbs, Martin // Accountancy;Aug1980, Vol. 91 Issue 1044, p95 

    This article discusses issues related to the standard on deferred tax in Great Britain. The standard is concerned with timing differences, including differences between profits as computer for taxation purposes and profits as stated in financial statements which originate in one period and are...

  • Sedgwick Group.  // Accountancy;Apr93, Vol. 111 Issue 1196, p99 

    This article reports on the restatement of the freehold and long leasehold properties of Sedgwick Group in Great Britain at historical cost in its group balance sheet on December 31, 1992. Before, this was included at revalued amounts based on open market values in 1988. the change means a...

  • Benefits Of Incorporating. Migie, Aaron // Canadian MoneySaver;Jul/Aug2014, p34 

    The article discusses the important factors to be considered before incorporating a business entity, which includes assessing costs involved like setup fees, ongoing compliance and tax reporting. The author also advises to find out who gets permission to purchase shares from the firm and tax...

  • Deferred tax. Stewart, Michael; Holgate, Peter; Green, Angela // Accountancy;Mar2006, Vol. 137 Issue 1351, p100 

    The article answers a question concerning international companies and accounting for the value of a deferred tax when there are foreign exchange differences. There is a temporary difference associated with the item of property, plant and equipment (PPE), which can be calculated with the tax base...

  • Lower Of Cost Or Market Inventory Valuation: IFRS Versus US GAAP. Gray, Dahli; Ehoff Jr., Clemense // Journal of Business & Economics Research;1st Quarter 2014, Vol. 12 Issue 1, p19 

    The lower of cost versus market (LCM) controversy regarding inventory cost measurement is presented. The differences between International Financial Reporting Standards (IFRS) and United States (US) Generally Accepted Accounting Principles (GAAP) are analytically compared. The link between US...

  • The benefit of tax deferral and stepped-up basis... Fender, William E.; Miller, Milton // CPA Journal;Oct97, Vol. 67 Issue 10, p58 

    Provides information on the benefit of tax deferral and stepped-up basis in taxable portfolios and investments. Ways on how investors can benefit from deferred taxes or interest-free loan; Stepped-up basis; Benefits of tax deferral; Equivalent pre-tax rates of return; Design priorities for...

  • The taxman speaketh. Philippidis, Alex // Westchester County Business Journal;11/6/95, Vol. 34 Issue 45, p2 

    Reports on a package of tax cuts and policy changes being prepared by Governor George Pataki and Bureau of the Budget. Three state taxes to be cut; Comments from Commissioner Michael H. Urbach; Problem in Westchester County.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics