While the calculation of the income tax law does not make too much trouble  as you may do it after every month or quarter, close the year-end many of you will face once again with the calculation of deferred tax.

Is there any good way that the actual tax liability is calculated quickly and correctly , is the task easy and obvious? How to understand the tax liability ? The easiest way to illustrate that one of the basic accounting principles , namely the principle of matching revenues and expenses. Imagine that the income tax is a cost of 19% of gross profit . But actually calculated current income tax is not a simple result of the tax rate and gross profit . It is calculated according to the tax base, which is not yet the same as the gross profit .

Therefore, for the sake of the principle of revenue and cost matching it is necessary to calculate deferred tax !

However, if you think that deferred tax is a black magic, with the help comes to us 24iValue module Deferred tax and Corporation Tax . Just when you sign up and subscribe to access the module , go to the calculation of the operator panel .

24iValue is built on a very clear principle : to guide the user 's hand. Literally . The input fields are described in a clear way. In addition, each module has a built-in hint system to which access is obtained by moving the mouse over the boxes next to the question marks ( there is no need to look for additional cards or browser window , all displayed in one place) .

So before you sit down once again to calculate the tax, do not be afraid to take advantage of the scheme - so that not only can you calculate the tax , but if you can calculate it yourself , you can make sure that your calculations are certainly correct ( do not contain significant errors ) .

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