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77.0¢ advance zinctek limited

Ann: Company Update, page-10

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01/02/21

13:36

Post #: 50607136
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Originally posted by GH1971: ↑

Unlikely. Accounting is different to tax and it would be contrary to Accounting Standards to write off equipment in such a way. What happens with such write offs is that you have a timing difference between accounting profit and Taxable Income, which ends up being reflected in the Financial Statements as a Deferred Tax Asset or Liability.

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If covid19 budget measures allow me to immediately write off any expenditure, why do I need to defer anything?

genuinely interested

ANO Price at posting: $3.67 Sentiment: Buy Disclosure: Held
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(20min delay)
Last 77.0¢		Change 0.010(1.32%)		Mkt cap ! $48.08M

Open	High	Low	Value	Volume
77.5¢	77.5¢	77.0¢	$3.292K	4.272K

Buyers (Bids)

No.	Vol.	Price($)
1	5273	77.0¢

Sellers (Offers)

Price($)	Vol.	No.
90.0¢	5250	2

View Market Depth

No.	Vol.	Price($)
1	5273	0.770
1	49122	0.760
1	24	0.730
1	42952	0.720
1	714	0.700

Price($)	Vol.	No.
0.900	5250	2
0.950	5000	1
1.000	11450	2
1.050	5000	1
0.000	0	0

Last trade - 16.10pm 02/10/2024 (20 minute delay)

ANO (ASX) Chart