Originally Posted by
minker
Hi, I just cannot for the life of me get my head round this to make a formula...
I have a small business, the profit of my business i.e £5000.00 is split 75/25% between me and my wife as she does more than me.
What I simply need is a formula that divides the split into a total something like this:
£5000.00 profit split by 75% and 25% tax charged at 22% for 75% split and 40% for 22% split and a total of what we would jointly pay, or even seperate would be cool thinking bout it?
Help much appreciated!
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