NET PROFIT CALCULATION FOR SOLE TRADERS(AFTER 1 APRIL 2012)

[alifaroo]

Alifaroo
How did our PEO go??

I have done through post not at PEO.

[anynet]

i had an appointment today @ croydon

My case was employed +self employed

Approval letter given and the case worker calculated my
netprofit=gross-expenses as my accountant did,

Hope that clears to the members here,

[ursamyn]

i had an appointment today @ croydon

My case was employed +self employed

Approval letter given and the case worker calculated my
netprofit=gross-expenses as my accountant did,

Hope that clears to the members here,

Hi did u had any questions asked abt the business insurance, as u are self employed as well?

[prabu11]

i had an appointment today @ croydon

My case was employed +self employed

Approval letter given and the case worker calculated my
netprofit=gross-expenses as my accountant did,

Hope that clears to the members here,

Hi did u had any questions asked abt the business insurance, as u are self employed as well?

AFAIK, business insurance or employee liability insurance is not mandatory. Maybe some seniors can shed light on this.??

[marynwokedi]

Hi,

Just to let you know that i had a PEO on Friday and net profit was calculated as Gross - expenses . I did not show profit after tax as planned earlier. My application was approved

hope this helps

[scorpio_besal]

Congratulations to marynwokedi and anynet