The following figures appeared in W Ltd’s statement of financial position at 31 March 2017:

During the year ended 31 March 2018, W Ltd made a payment of £520,000 to Revenue and Customs in settlement of the company’s corporation tax for the year ended 31 March 2017. Dividend payments totalling £60,000 were made during the year ended 31 March 2017 and a further dividend of £200,000 had been proposed at the year end.
Two dividend payments were made during the year ended 31 March 2018. A payment of £200,000 was made for the final dividend for the year ended 31 March 2017. An interim dividend of £40,000 was paid for the year ended 31 March 2018. These payments were made in May 2017 and September 2017 respectively. The directors have provided a final dividend of £240,000 for the year ended 31 March 2018.
W Ltd received a dividend of £12,000 from a UK quoted company. This was received in August 2017.
W Ltd’s tax advisers believe that corporation tax of £740,000 will be charged on the company’s profits for the year ended 31 March 2018. This amount is net of the tax relief of £104,000 which should be granted in respect of the exceptional loss which the company incurred during the year. It has been assumed that corporation tax will be charged at a rate of 35%. The basic rate of income tax was 25%.
It has been decided that the provision for deferred tax should be increased by £20,000. No provision is to be made in respect of timing differences of £400,000.

You are required:
(a) To prepare the note which will support the figure for the provision for corporation tax in W Ltd’s published statement of profit or loss for the year ended 31 March 2018;
(b) To calculate the liability for corporation tax which will appear in W Ltd’s published statement of financial position at 31 March 2018;
(c) To prepare the deferred tax note which will support the figure for the liability which will appear in W Ltd’s published statement of financial position at 31 March 2018.

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Current liability - corporation tax Deferred taxation £600,000 £300,000