bonuses

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August 19, 2020 at 1:46 am #581103
Holmes1308
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sir lets say an AP is of 7months, if within 9 months of the end of AP bonuses are paid(not during AP) then we’ll consider bonuses as deductible expenses?

thanks once again:)
August 23, 2020 at 8:46 pm #581680
Tax Tutor
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Yes if bonuses are paid within 9 months of the AP end and have been accounted for in the financial statements they will be allowable expenses of that period
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