please can anyone help, ive been doing avon for 2 years and I think I have been working out for figures for tax returns wrong but I'm not sure. Here's how I currently work it out:
my earnings (taken from all avon invoices added up)
- expenses (petrol, ,stationary,books and demo items)
= profit/loss.
this is how I have been working it out, but ive just realised I havent done anything for credits, ive not included them. if I return an item then I suppose I dont earn as much but sometimes I might return a demo item (which ive included in my expeses) so I'm given myself too much in expeses? sorry I hope you can understand this its been stressing me out all morning.
please tell me the correct way to work it out. should I carry on working it out how I have been for now and start a fresh in april.
thanks for any replys