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Howmuch Tax Do i Hv to Pay On Ltd Company 20k

Archived UK Tier 1 (General) points system forum. This route no longer exists.

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MACY
Member
Posts: 136
Joined: Wed Jul 22, 2009 10:50 pm
Pakistan

Howmuch Tax Do i Hv to Pay On Ltd Company 20k

Post by MACY » Thu Sep 03, 2009 12:33 am

hello there, is it possible to tell me that wt do i have to pay on 20k income if i have a Ltd Company (retail business) 1 employer if im paying him 1200 per month.. i just wud like to know that howmuch will i have to pay in order to fulfill the requirements of HO.. thnx in adv
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mvent00
Diamond Member
Posts: 1003
Joined: Thu Apr 16, 2009 10:18 am

Re: Howmuch Tax Do i Hv to Pay On Ltd Company 20k

Post by mvent00 » Thu Sep 03, 2009 9:07 am

Not right forum to ask this question.
MACY wrote:hello there, is it possible to tell me that wt do i have to pay on 20k income if i have a Ltd Company (retail business) 1 employer if im paying him 1200 per month.. i just wud like to know that howmuch will i have to pay in order to fulfill the requirements of HO.. thnx in adv
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Sushil-ACCA
Diamond Member
Posts: 1234
Joined: Wed Apr 02, 2008 2:47 pm
Location: Wembley Park

Post by Sushil-ACCA » Thu Sep 03, 2009 9:50 am

21% of profit

sales 120
exp 20

profit 100

tax 21

dividend79

regards
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