Prior year tax in current yearBy Marc Sevitz · Updated 11 December 2014If you paid tax in respect of profits in last year in the current year can you claim that tax paid as a expense in the current year? TaxTim Marc said:12 December 2014 at 12:49No, tax is not an expense that can be claimed against profits or income.Deductions
If you paid tax in respect of profits in last year in the current year can you claim that tax paid as a expense in the current year? TaxTim Marc said:12 December 2014 at 12:49No, tax is not an expense that can be claimed against profits or income.
