Just on this bit I will assume you aren't an accountant.
"We are not. It is purely a non-cash movement on the deffered tax asset and liability accounts. SLR has in fact no income tax payable as it has significant accumulated tax losses as per Note 7 in the accounts. (see below)The board/CEO have chosen to mislead shareholders by writing off the deferred tax benefit from the balance sheet and booking it as an expense to reduce the reported Net Profit after tax!"
Thats not correct, they haven't chosen to write something off and then book it. Tax accounting shows that you book your Current year income tax in the Income statement which is what they have done. You may offset that in the balance sheet if you have B/F tax losses from prior period (which they do), but this doesn't change the method with which they book the Income statement expense.
Eg. If you are paying tax, you book a DR to the Income tax expense and then book a CR on the balance sheet in current liabilities for income tax payable. Its more complicated than this as there are deferred impacts relating to timing differences but the jist of it is this is the correct method.
There are 2 ways to book the DR on the balance sheet for taxable losses (as they are assets), deferred tax assets or you do it through equity (or its done off balance sheet - this is usually done through audit when auditors have determined that those tax losses are unlikely to be utilised and they are therefore not shown on balance sheet).
What I'm a bit confused about, is sometime between the 2023 Annual report and the interim, they have restated their balance sheet and significantly reduced their deferred tax assets, $77m back in 2023 AR, not its zero. I can understand the auditors maybe pushing for the Canadian tax losses to be off balance sheet but the Australian business is highly profitable and therefore I would expect that those tax losses should be shown on the balance sheet as an asset, but that doesn't take away from the fact that current year tax expense needs to be shown in the Income statement
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