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CalculationIntermediateVariant — group VG.IAS12.000038Published

Question · Tax recognised in profit or loss

Cendrolle's deferred tax liability moves from 120,000 at the start of the year to 165,000 at the reporting date. During the year, 30,000 of this increase is the tax on a building revaluation recognised in other comprehensive income. Compute the deferred tax expense in profit or loss.

Opening deferred tax liability
120,000
Closing deferred tax liability
165,000
Deferred tax recognised in other comprehensive income
30,000
Your answer

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