More profit

Sales (£):

The total value of all sales.

Costs of Sales (£):

The cost of items purchased to sell.

Direct Wages (£):

The cost of wages.

Admin and other costs (£):

The cost of all admin and any other costs.

Other income (£):

The total value of all other income.

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

Gen Zs wish they had learnt basics about tax

Four in ten of Generation Z say they wish they had learnt the basics about tax when they were younger, according to data from HMRC.

03 Jul 2026

HMRC is reminding millions of self assessment taxpayers to prepare for the 2025 to 2026 tax year second payments on account 31 July deadline.

02 Jul 2026