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Calculate your gross profit, and your gross profit margin.
The total value of sales made.
The total cost of all items sold.
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.
The Autumn Budget is unlikely to kickstart the UK economy, with the nation's growth outlook remaining subdued, according to research from the British Chambers of Commerce (BCC).
HMRC is offering self assessment taxpayers a reminder that help is available to manage their tax bill.