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.
Personal tax Versus Company Tax
Mar 22, 2005
24 Replies
Can't say I have, but perhaps it wasn't memorable enough. Is it in the spirit of *that* Fawlty Towers sketch?
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 ;-)
Sorry, couldn't tell, no television reception up here. No satellite reception either. And no mobile reception. And often enough no dial-tone either.
Should be £111.11
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