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  • Tax and turnover question
  • handyman
    Free Member

    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 15 years ago
    stevomcd
    Free Member

    Turnover is everything you receive, without deductions.

    Posted 15 years ago
    sharkbait
    Free Member

    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 15 years ago
    brant
    Free Member

    If you don’t know what turnover is, should you be doing your own return?

    Posted 15 years ago
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