RVP Limited has an item of plant with a carrying amount.in the financial statements amounting to 10,000.

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RVP Limited has an item of plant with a carrying amount.in the financial statements amounting to €10,000. The same item of plant has a tax base (a tax written down value) of €5,000.

RVP Limited pays tax at 30%.

Requirement Calculate the deferred tax liability.

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