Tax and turnover qu...
 

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[Closed] Tax and turnover question

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Am doing my return and i am not sure what turnover is, is it money received before you pay for materials or is it money received less materials thanks for the help


 
Posted : 23/01/2009 12:43 pm
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Turnover is everything you receive, without deductions.


 
Posted : 23/01/2009 12:58 pm
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What Stevo said up there.

If you're doing your return by hand I'd really really recommend getting a software package such as TaxCalc as it makes it much easier/quicker to complete, point out anything that looks wrong and then upload the whole lot to the good 'ol theiving bustards (IR) in about 2 seconds!

Why, oh why, do I always wait until January to do my tax return when I've got all the info ready at the end of May? 🙁


 
Posted : 23/01/2009 1:54 pm
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If you don't know what turnover is, should you be doing your own return?


 
Posted : 23/01/2009 1:57 pm

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