CERTYNEX IFRS ACADEMY

Which of these situations at Garbellis gives rise to a taxable temporary difference? (Tax treatments: case data.)

Accrued interest recognised on a time-proportion basis, taxed only when received.

A warranty provision, deductible for tax only when repairs are made.

A fine recognised as an expense, permanently non-deductible.

An advance received from a customer, taxed when received but recognised as revenue later.