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On 1 April 2022, the company rate of income tax changed from 42% to 32%....

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Accounting

On 1 April 2022, the company rate of income tax changed from 42% to 32%. At the previous reporting date
(30 June 2021) A Limited had the following tax balances:
Deferred tax assets $ 90000
Deferred tax liabilities $ 60000
What is the impact of the tax rate change on income tax expense?

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