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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.
16 Jul 2026
HMRC says it is making it easier for informants to report serious tax fraud and avoidance through the Strengthened Reward Scheme.
15 Jul 2026
Significant reforms to small business finance have been announced by the government.
14 Jul 2026
Less than a quarter of firms are expecting to increase the size of their workforce over the coming months, according to the British Chambers of Commerce (BCC).