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abrdn Equityome Trust (LSE:AEI) Tax Expense : £0.67 Mil (TTM As of Mar. 2024)


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What is abrdn Equityome Trust Tax Expense?

abrdn Equityome Trust's tax expense for the months ended in Mar. 2024 was £0.45 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2024 was £0.67 Mil.


abrdn Equityome Trust Tax Expense Historical Data

The historical data trend for abrdn Equityome Trust's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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abrdn Equityome Trust Tax Expense Chart

abrdn Equityome Trust Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.19 0.13 0.33 0.28

abrdn Equityome Trust Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.27 0.06 0.22 0.45

abrdn Equityome Trust Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.67 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


abrdn Equityome Trust  (LSE:AEI) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


abrdn Equityome Trust Tax Expense Related Terms

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abrdn Equityome Trust (LSE:AEI) Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Equity Income Trust plc is an investment trust company. Its investment objective is to provide shareholders with an above average income from their equity investment and providing real growth in capital and income. Its investment portfolio comprises convertible preference shares, convertible loan stocks, gilts, and corporate bonds. The company's portfolio is diversified across various sectors such as Oil and Gas, Basic Materials, Industrials, Consumer Goods, Healthcare, Consumer Services, Telecommunications, Utilities, Financials, and technology.