Silvadore's draft reconciliation shows: expected tax 900,000; effect of non-deductible expenses +40,000; effect of exempt income −25,000. The tax expense recognised is 1,010,000. What difference remains to be explained before the reconciliation is published?
- Expected tax
- 900,000
- Effect of non-deductible expenses
- 40,000
- Effect of exempt income
- 25,000
- Tax expense recognised
- 1,010,000