MarriedBlonde
Active Member
- Joined
- Jul 9, 2006
- Messages
- 961
- Location
- Sunny South Coast (Nr southampton)
- Car
- C63 AMG Coupe/ML350 Cdi Sport/69 vw Bus
450k tax is made up of 240k odd of VAT, you can say thats a tax i collect but it isnt really.
Your figures don't add up. If you are paying £240 in VAT that means your company has taken in £1.2 million. If the remaining £210K was in corp tax that means you made £913K in profit. Meaning that £703K was actual profit in your hands...
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