Joey Ltd incurred $112,138 in long service leave expense during the year ended 30 June...
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Joey Ltd incurred $112,138 in long service leave expense during the year ended 30 June 2020. The balances of its Provision for long service leave were: $317,390 (at 30 June 2020); and $431,396 (at 30 June 2019). What is the amount that the company can claim as a tax deduction for long service leave paid in the calculation of its taxable income/profit for the year ended 30 June 2020?
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