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Bonus for directors!

Forums › ACCA Forums › ACCA TX Taxation Forums › Bonus for directors!

  • This topic has 0 replies, 1 voice, and was last updated 14 years ago by Anonymous.
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  • March 10, 2011 at 11:17 am #47710
    Anonymous
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    • Topics: 4
    • Replies: 4
    • ☆

    Hi there,

    I am not sure if i am correct but I will try anyway:-)
    The important fact is when the bonus is actually paid. In our case it is paid in July following the y/e.

    1. £10,000 paid in July 2009 – taxable in 2009/10
    2. £15,000 paid in July 2010 – taxable in 2010/11
    3. £18,000 paid in July 2011 – taxable in 2011/12

    Please do check this with someone 🙂
    Jana

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