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New corporation tax - Extra salary calculator - HELP!

Domchooper
Domchooper Registered Posts: 3 New contributor 🐸
May 2024 edited May 2024 in AAT member discussion
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!
Profits exceeding £50k (1).xlsx 58.8K
0

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