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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.

Hot topics, business news & firm news

Keep up with the latest business news, as well as what's happening at our firm.

Hot Topic

Trouble at the tax authority

23 Apr 2024

A look at the issues plaguing HMRC and giving taxpayers headaches.

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Latest Business News

UK economy will see slowest growth in G7 next year

03 May 2024

The UK will see the slowest growth of the G7 nations next year, the Organisation for Economic Co-operation and Development (OECD) has warned.

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Our latest news

11 mile walk

06 Sep 2023

The staff and volunteers of Gloucestershire Rape and Sexual Abuse Centre (GRASAC), plus family members, and a few 4-legged friends no doubt, will be embarking on an 11 mile sponsored walk to raise funds for our charity.

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Pitt Godden and Taylor LLP is a limited liability partnership, registered in England and Wales. Company Registration No: OC372482. Registered office: Pitt Godden and Taylor LLP, Unit 3, Ambrose House, Meteor Court, Barnett Way, Barnwood, Gloucester, Gloucestershire GL4 3GG . Registered to carry on audit work in the UK by the Institute of Chartered Accountants in England and Wales.