Trading Profits

Trading profits are the amount of money left over after deducting all your business expenses from your business income.

They are shown on a profit and loss account for a specific period of time (normally one year).

Anita Forrest
About Anita Forrest

Anita Forrest is a Chartered Accountant, spreadsheet geek, money nerd and creator of www.goselfemployed.co - the UK small business finance blog for the self-employed community. Here she shares simple, straight-forward guides to make self-employment topics like taxes, bookkeeping and banking easy to understand.