More profit

Sales (£):

The total value of all sales.

Costs of Sales (£):

The cost of items purchased to sell.

Direct Wages (£):

The cost of wages.

Admin and other costs (£):

The cost of all admin and any other costs.

Other income (£):

The total value of all other income.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

24 Sep 2021

Making Tax Digital for Income Tax self assessment delayed for a year

The government has delayed the introduction of Making Tax Digital (MTD) for Income Tax self assessment (MTD for ITSA) for a year, HMRC has announced.

23 Sep 2021

The Institute of Directors (IoD) is urging the government to use the upcoming Budget to reduce the planned level of business tax rises.

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