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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.
Why not get in touch with Quarter Chartered Accountants today for more information.
More than 80 of the UK's largest retailers have written to Chancellor Rachel Reeves regarding the measures announced in the Autumn Budget on 30 October.
UK inflation jumped last month in part due to rising energy prices, according to the latest data from the Office for National Statistics (ONS).