Together the two divisions are likely to provide the entire increase in the company's taxable profits this year.
The previous 12 months saw taxable profits of £13 million.
The cash call was accompanied by a statement that taxable profits for last year would not be less than £200,000.
But questions are now being asked about how much of the taxable profit actually stays in Kenya.
If they are self employed or have income from property, we ask for their taxable profit.
So if you make a donation of more than your taxable profit, the excess is not tax effective.
The higher the cost, the less your taxable profit on the sale.
So you'll pay tax on 91/365ths of your taxable profit at the 2009-10 rates.
So you can reduce your business's taxable profits by the full cost of the goods.
But you may have to pay Class 4 contributions if your annual taxable profits are over a certain amount.
Wörterbuch für Finanzen