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The total value of all sales.
The cost of items purchased to sell.
The cost of wages.
The cost of all admin and any other costs.
The total value of all other income.
Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.
27 Jan 2020
HMRC has stated that more than three million taxpayers are yet to file their self assessment tax return despite the deadline looming.
24 Jan 2020
HMRC has now published draft secondary legislation for the off-payroll working rules that are due to come into force in April this year.
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Our summary of the key announcements from the Chancellor's latest Budget .
Read about the budget