Andy Posted March 4, 2011 Share Posted March 4, 2011 And what do they use to pay the staff wages? Aren't they paid out of profits? Not in this context. You are charged Corporation Tax on the profits, which are defined as the money left after everything else (wages, rent, electricity bills, stock etc) have been paid for. Staff wages still have to be paid even if a company doesn't make a profit. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.