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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 British Chambers of Commerce (BCC) has warned that the UK could fall behind in the race to achieve net zero.
HMRC recently appointed six independent industry specialists to a new Research and Development (R&D) Expert Advisory Panel.