Post by zispazetro on Feb 13, 2024 10:19:16 GMT
The visible in a special tab. You dont need to have experience writing a CV. In the LiveCareer creator you will find readymade content for any industry and position which you can insert in your with one click. creator . Revenue and income the difference. Income is revenue less taxdeductible costs . And it reflects your actual financial situation. This is the key difference between income and revenue. However it is worth remembering that income may be gross or net. Gross income is the difference between income and expenses before tax while net income is your profit pure i.e. after paying all taxes. Here is an example Mrs. Katarzyna runs a hairdressing salon where she does not employ any other employees. In December it recorded revenues of PLN .
In the same month she paid the rent for the premises electricity and water bills social security and health insurance contributions as well as cosmetics and tools necessary for work the total amount of expenses was PLN . Therefore the gross income Djibouti Email List of the salon for December was PLN . Mrs. Katarzyna settles her taxes using the straightline method so she pays tax. Therefore the salons net income for December Mrs. Katarzynas actual profit amounted to PLN PLN . How to calculate net income using an online calculator You can do this with free tool.
As you can see the difference between income and revenue is easy to understand. In the next chapter you will read what exactly taxdeductible costs are. . Costs of obtaining revenues what do they include Revenue costs are any funds you had to invest in order to obtain secure or maintain sources of revenue . Importantly however in some cases this cost will only be a part of the expense incurred the part specified in the regulations. The costs of obtaining revenue include employee remuneration social security and health insurance.
In the same month she paid the rent for the premises electricity and water bills social security and health insurance contributions as well as cosmetics and tools necessary for work the total amount of expenses was PLN . Therefore the gross income Djibouti Email List of the salon for December was PLN . Mrs. Katarzyna settles her taxes using the straightline method so she pays tax. Therefore the salons net income for December Mrs. Katarzynas actual profit amounted to PLN PLN . How to calculate net income using an online calculator You can do this with free tool.
As you can see the difference between income and revenue is easy to understand. In the next chapter you will read what exactly taxdeductible costs are. . Costs of obtaining revenues what do they include Revenue costs are any funds you had to invest in order to obtain secure or maintain sources of revenue . Importantly however in some cases this cost will only be a part of the expense incurred the part specified in the regulations. The costs of obtaining revenue include employee remuneration social security and health insurance.