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Extraction of profit from company

Forums › ACCA Forums › ACCA ATX Advanced Taxation Forums › Extraction of profit from company

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  • November 18, 2023 at 3:22 pm #695066
    Dekim
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    Say, X is director and shareholder of a company and want to extract a profit from a company via bonus, X is higher rate tax payer,
    X Received say 15,000 net of all taxes, calculate the amount of payment made by the company to HmRc in respect of the bonus payment

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