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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.
05 Feb 2025
A survey carried out by the Institute of Directors (IoD) has revealed that a significant number of UK firms want a reduction in the tax burden on business.
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