New corporation tax - Extra salary calculator - HELP!
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Domchooper
Registered Posts: 3 New contributor 🐸
Hi all
With the increased CT charge of 26.5% for profits over £50k, I'm building a spreadsheet to calculate if additional salary (tax efficiency) should be processed for different scenarios.
The one attached is for a profit of £59,152 after a salary of £9,100.
Please could someone review for me? I've been looking at it too long!
Thank you!
With the increased CT charge of 26.5% for profits over £50k, I'm building a spreadsheet to calculate if additional salary (tax efficiency) should be processed for different scenarios.
The one attached is for a profit of £59,152 after a salary of £9,100.
Please could someone review for me? I've been looking at it too long!
Thank you!
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