Where accounts and computations are submitted within nine months
of the end of the period of account, and at that time some relevant
emoluments remain unpaid, FA89/S43 (4) requires that it shall be
assumed that the remuneration will not be paid before the expiry of
the nine months. This means that those emoluments cannot be
deducted in computing the profits of the period of account and must
be added back in computing the taxable profits.
If, after the submission of the accounts and computations,
the emoluments are paid before the end of the nine-month period,
then FA89/S43 (5) enables the employer to submit an amended
computation of profits within two years of the end of the period of
account concerned.
