What was the amount of cash paid in taxation during year two

Assignment Help Taxation

Reference no: EM13947388

The corporation tax charge in the income statement (profit and loss account) for Year 2 was £30m. The tax liability in the statement of financial position at the start of Year 2 was £6m. The tax liability in the statement of financial position at the end of Year 2 was £10m. What was the amount of cash paid in taxation during Year 2?

Reference no: EM13947388

Questions Cloud

Develop an application for lapland uas : Description of the project Your duty is to plan and develop an application for Lapland UAS - Database plan and description

Induction heating coil experiences uniform volumetric : A very long rod of 5-mm diameter and uniform thermal conductivity k = 25 W/m · K is subjected to a heat treat- ment process. The center, 30-mm-long portion of the rod within the induction heating coil experiences uniform volumetric heat generation..

Write a statement to create a view that selects all fields : Write a statement to add a check constraint to the above defined table, which guarantees that values entered in the Class field can only be limited to the following strings: Open, Spec, and Priv.

Explain decision maker go get information future cash flows : As you continue your discussions on other capital budgeting considerations, please explain where would a decision maker go to get information about future cash flows for a proposed project? Examples to illustrate your points are greatly appreciated..

What was the amount of cash paid in taxation during year two : The tax liability in the statement of financial position at the end of Year 2 was £10m. What was the amount of cash paid in taxation during Year 2?

Actual thermal conductivity of the carbon nanotube : Physicists have determined the theoretical value of the thermal conductivity of a carbon nanotube to be kcn,T = 5000 W/m · K. (a) Assuming the actual thermal conductivity of the carbon nanotube is the same as its theoretical value, find the thermal..

What is the percent change in the multifactor productivity : What is the companys labor hours productivity and what is its multifactor productivity - What is the percent change in the multifactor productivity if the initial process used is the one without the rework capability and is then replaced by the pro..

How might you interconnect those two areas : Some say that one of the great problems in networking is the lack of enforceable standards, so that the equipment of any manufacturer can work with any other manufacturer "off the shelf". Do you agree? Justify your answers

Prepare a statement of cash flow from operations : During the year the trading stock has increased by £1m, trade debtors have decreased by £3m and trade creditors have decreased by £2m. Prepare a statement of cash flow from operations.

User Account

All Pages