Personal tax Versus Company Tax

What's the explanation for the above figures? Did you prepare a dividend voucher? To me it looks like ALL of the rest of the figures are wrong if dividends of 1,000 pounds were paid.

Reply to
Peter Saxton
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Can't say I have, but perhaps it wasn't memorable enough. Is it in the spirit of *that* Fawlty Towers sketch?

Reply to
Ronald Raygun

Two things: a) I entered the wrong figures b) there's a typo up there - as RR said it was a hard day it should read Dividend = 900, Tax credit0 Dividend plus credit = 1000

As I know now, I should've entered Dividend = 1000, Tax credit1 Dividend plus credit = 1111

And I should've printed a tax credit voucher stating: tax credit £111 dividend payable £1000

Coincidentally, I saw a tax credit from the HydroElectric yesterday. Now I know ;-)

Reply to
Elizabeth Smith

Sorry, couldn't tell, no television reception up here. No satellite reception either. And no mobile reception. And often enough no dial-tone either.

Reply to
Elizabeth Smith

Should be £111.11

Reply to
Peter Saxton

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