GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (CHIX:BYITl) » Definitions » Tax Rate %

Bytes Technology Group (CHIX:BYITL) Tax Rate % : 23.86% (As of Aug. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Bytes Technology Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bytes Technology Group's Tax Expense for the six months ended in Aug. 2023 was £8.0 Mil. Bytes Technology Group's Pre-Tax Income for the six months ended in Aug. 2023 was £33.3 Mil. Therefore, Bytes Technology Group's Tax Rate % for the quarter that ended in Aug. 2023 was 23.86%.

Bytes Technology Group Tax Rate % Historical Data

The historical data trend for Bytes Technology Group's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bytes Technology Group Tax Rate % Chart

Bytes Technology Group Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Tax Rate %
Get a 7-Day Free Trial 19.40 19.26 25.24 20.96 19.79

Bytes Technology Group Semi-Annual Data
Feb18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 19.90 22.25 19.72 19.86 23.86

Bytes Technology Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bytes Technology Group's Tax Rate % for the fiscal year that ended in Feb. 2023 is calculated as

Tax Rate %=Tax Expense (A: Feb. 2023 )/Pre-Tax Income (A: Feb. 2023 )
=9.971/50.392
=19.79 %

Bytes Technology Group's Tax Rate % for the quarter that ended in Aug. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Aug. 2023 )/Pre-Tax Income (Q: Aug. 2023 )
=7.956/33.344
=23.86 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bytes Technology Group Tax Rate % Related Terms

Thank you for viewing the detailed overview of Bytes Technology Group's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Bytes Technology Group (CHIX:BYITL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Bytes Technology Group PLC (CHIX:BYITl) » Definitions » Tax Rate %
Comparable Companies
LSE:WPS LSE:SPT LSE:BOKU LSE:PAY LSE:NETW LSE:SEE LSE:FNX LSE:BLTG LSE:IOM LSE:BGO MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SPLK
Traded in Other Exchanges
BYI:South Africa BYIT:UK 9NY:Germany
Address
Randalls Way, Bytes House, Leatherhead, Surrey, GBR, KT22 7TW
Website
https://www.bytesplc.com
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.

Bytes Technology Group (CHIX:BYITL) Headlines

No Headlines