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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.
21 Oct 2025
The government has named and shamed nearly 500 employers who failed to pay the National Minimum Wage (NMW).
20 Oct 2025
The Institute for Fiscal Studies (IFS) has warned Chancellor Rachel Reeves that she must 'avoid doing the bare minimum' in the upcoming Autumn Budget on 26 November in order to dodge a 'fiscal Groundhog Day' next year.
17 Oct 2025
The UK is set to be the second-fastest-growing of the world's most advanced economies this year, according to new projections from the International Monetary Fund (IMF).