notes to the accounts (director's emoluments)

notes to the accounts (director's emoluments)

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For a small limited company, under FRSSE, is the figure in the notes to the accounts:

"operating profit is stated after charging
- director's renumeration",

.........the gross salary + any expenses reimbursed (there are no pensions or Bik)?

thanks in advance for any comments
Jenny

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By User deleted
02nd May 2008 15:49

I've always understood
Dir Remuneration = Directors Gross

Dir Emoluments = Gross + BIK

Thus the operating profit wont agree to P&L if there are BIKs

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