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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. The NI calculation is annualised and therefore due to the change in the employee rate during the year, the amount is only an indication.
01 Mar 2024
HMRC's tough approach to enforcing the IR35 rules is having a 'chilling effect' on legitimate economic activity, warns the Association of Independent Professionals and the Self-Employed (IPSE).
29 Feb 2024
Reports have suggested that Chancellor Jeremy Hunt is considering cutting national insurance in the Spring Budget on Wednesday 6 March.
28 Feb 2024
HMRC has revealed that March is the most popular month for Marriage Allowance applications, with almost 70,000 couples applying in the third month of 2023.
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