Originally posted by Telco7676
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My letter states that this is the penultimate financial accounts and so there'll be another one next year. If the tax has been paid on all declared profit share, then isn't that a good thing? Granted, it means we have a lot of tax to find in one go but HMRC cannot argue that no tax has been paid. They might contest the declared profit share values but that is a different argument and Glen May would need to provide the statements accordingly.
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