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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

The Employment Rights Act - what happens next?

24 Feb 2026

A review of what's in the Act and ask what businesses can do to prepare.

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Latest Business News

Grant boost for installing EV chargers for households and businesses

09 Mar 2026

Renters, flat owners, homeowners without driveways and businesses will be able to save up to £500 when installing electric vehicle (EV) charge points, the government has announced.

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Our latest news

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.