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Self Employment - Gross trading profit

  • 26-08-2017 11:09am
    #1
    Mikebyrne
    Registered Users, Registered Users 2 Posts: 177 ✭✭


    Just filling out ROS and had a quick question in relation to "Gross Trading Profit"

    The business had:

    Sales: 3920
    Purchases: 1,434
    Drawings (My Salary): 1,566

    In this case is my gross trading profit

    €3,920 Total Sales

    €2,486 (Sales - Purchases )

    €920 (Sales - (purchases + drawings)

    Any help would be great!!


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