query on profit limit of 1.5MForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA TX-UK Exams › query on profit limit of 1.5MThis topic has 1 reply, 2 voices, and was last updated 3 years ago by Tax Tutor.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts May 12, 2021 at 1:28 pm #620398 Pratibhapahwa4313MemberTopics: 11Replies: 5☆If one of the company of the group is based overseas, would that profit limit of 1.5M be divided including that overseas company too ? or do we ignore that ?thanks in advance sir May 15, 2021 at 1:22 pm #620657 Tax TutorMemberTopics: 2Replies: 3965☆☆☆☆☆Yes – overseas companies are included as related 51% group companies for this purposeAuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In