MegaSack DRAW - This year's winner is user - rgwb
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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
Turnover is everything you receive, without deductions.
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? 🙁
If you don't know what turnover is, should you be doing your own return?