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Income & Growth VCT (The) (LSE:IGV) Tax Expense : £0.00 Mil (TTM As of Sep. 2022)


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What is Income & Growth VCT (The) Tax Expense?

Income & Growth VCT (The)'s tax expense for the months ended in Sep. 2022 was £0.00 Mil. Its tax expense for the trailing twelve months (TTM) ended in Sep. 2022 was £0.00 Mil.


Income & Growth VCT (The) Tax Expense Historical Data

The historical data trend for Income & Growth VCT (The)'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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Income & Growth VCT (The) Tax Expense Chart

Income & Growth VCT (The) Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Tax Expense
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Income & Growth VCT (The) Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Sep23
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Income & Growth VCT (The) 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 Sep. 2022 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.00 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.


Income & Growth VCT (The)  (LSE:IGV) 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.


Income & Growth VCT (The) Tax Expense Related Terms

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Income & Growth VCT (The) Business Description

Traded in Other Exchanges
N/A
Address
5 New Street Square, London, GBR, EC4A 3TW
Income & Growth VCT (The) PLC operates as a venture capital trust (VCT). The company's objective is to provide investors with an attractive return by maximizing the stream of tax-free dividend distributions from the income and capital gains generated by a diverse and carefully selected portfolio of investments. It invests in a diverse portfolio of United Kingdom unquoted companies. The company's portfolio of investment includes various sectors such as pharmaceuticals and biotechnology, Industrial engineering, Personal goods, Healthcare equipment and services, Construction and materials, Leisure goods, General industrials, Media, Software and computer services, General retailers and Support services.

Income & Growth VCT (The) Headlines

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