New Zealand Directors Contribution more than Drawings

Joined
Jul 13, 2016
Messages
1
Reaction score
0
Country
New Zealand
A company has been in operation for a while and has a sole Director.

A directors deposits his personal savings ($25000) in the business which is more than his drawings ($15000) during a particular financial year.

What is the total drawings on which Directors need to pay Income Tax on.
 

Fidget

VIP Member
Joined
Jan 6, 2013
Messages
754
Reaction score
139
Country
United Kingdom
I'm sure if you read your textbook, the answer will reveal itself.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,631
Messages
27,578
Members
21,376
Latest member
Kosh

Latest Threads

Top