IAS 12: guides and deferred tax calculator

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Each workbook comes filled in with a worked example, so you can see how it works before replacing the figures with your own. Cells to edit are marked.

• Deferred tax calculatorExcel downloadTemporary differences, deferred tax assets and liabilities with the recoverability test, accelerated tax depreciation, and the tax rate reconciliation. IAS 12.

6 guides

• IAS 12 income taxes explained3 minute readIAS 12 income taxes explained: current tax, deferred tax, temporary differences, tax expense in profit or OCI, and the tax rate reconciliation, with an example.
• Deferred tax liabilities and assets with examples3 minute readDeferred tax explained with a calculation example: how a deferred tax liability arises from accelerated tax depreciation, builds up and reverses, under IAS 12.
• Temporary differences and tax base under IAS 123 minute readHow to find temporary differences under IAS 12: the tax base of assets and liabilities, taxable vs deductible differences, permanent differences and examples.
• Recognising deferred tax assets and tax losses3 minute readWhen IAS 12 allows recognition of deferred tax assets: probable taxable profit, unused tax losses carried forward, convincing evidence and reassessment.
• IFRIC 23 uncertain tax treatments3 minute readIFRIC 23 explained: how to account for uncertain tax treatments, the probable acceptance test, most likely amount vs expected value, and detection risk.
• Pillar Two global minimum tax and IAS 123 minute readPillar Two and IAS 12: the 15% global minimum tax, the temporary exception from deferred tax, top-up tax as current tax and the 2026 side-by-side package.

About these guides

The guides explain the standard in our own words, with our own examples, and point to the paragraphs they rely on. They are general information, not advice for your situation. Read them alongside the standard itself, and check when your regulator adopts it.