Gross profit

Sales (£):

The total value of sales made.

Cost of sales (£):

The total cost of all items sold.

Note: These calculations are only for illustrative purposes and are not a substitute for professional advice.

30 Sep 2022

HMRC receives thousands of complaints over tax repayments

An investigation carried out by investment service Moneybox has found that HMRC has received thousands of complaints from individuals in regard to companies claiming tax repayments on their behalf.

29 Sep 2022

HMRC raises late payment interest from 11 October

HMRC will raise interest rates on tax debt from 11 October following the 0.5% increase in the base rate.

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