TOOLS · IAS 12
IAS 12 deferred tax schedule
UAE Corporate Tax is new, and for most businesses this is the first time deferred tax matters. Add your balance-sheet items, set their carrying amounts and tax bases, and watch the temporary differences produce DTLs and DTAs — the schedule your auditor will ask for.
| Item | Carrying amount | Tax base | Temp. difference | DTL | DTA | |
|---|---|---|---|---|---|---|
| 200,000.00 | 18,000.00 | — | ||||
| 800,000.00 | 72,000.00 | — | ||||
| -50,000.00 | — | 4,500.00 | ||||
| 820,000.00 | 73,800.00 | — | ||||
| 350,000.00 | 31,500.00 | — |
Total DTL
AED 195,300.00
Total DTA
AED 4,500.00
Net position
AED 190,800.00 DTL
Taxable temporary differences create DTLs; deductible ones create DTAs. Net presentation is permitted only when the entity has a legally enforceable right to set off and they relate to taxes levied by the same authority.
Illustrative figures computed in your browser — nothing is uploaded, stored or sent anywhere. Not accounting or tax advice; verify treatment with your advisor.