Use our profits tax calculator to help get you started on your taxes
Disclaimer: This tool only provides a rough estimation and should not be used as an official reference.
If you’d like to get a more accurate figure, we’d be happy to help!
NET Profit & Loss Value for the year | |
Profits Tax for 2nd Company | |
Non-Tax Deductibles | |
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Loss of value over time. Found on the Profit or Loss Statement. |
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Losses suffered from investments and other assets. |
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Ex. Traffic fines, Late fines. |
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Tax Deductibles | |
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Income received from dividends. |
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Income received from bank interest. |
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Gains from investments and other assets. (May only apply to larger companies) |
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Expenses spent on computer hardware and software. |
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Profits gained from selling off fixed assets. |
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Government subsidies and grants, ex. TVP |
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Gains made from favorable exchange rates in bank balances. |
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Tax Reduction Cap | |
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