speculate co is preparing it's financial statements for the year ended 30 September 20X3 the existing debit balance on the current tax account of $ 2.4m represent the over / under provision of the tax liability for the year ended 30 September 20X2 . A provision of $28m is required for income tax for the year ended 30 September 20X3 . The existing credit balance on the deferred tax account is $2.5m and the provision required at 30 September 20X3 is $4.4m

calculate the total amount which will be charged to the statement of profit or loss for the year ended 30 September 20X3 in respect of taxation