I'm registering myself as a sole trader, and my expected turnover for the first year is actually a big loss, things will get better for the second year on. I'm happy and prepared for that. But, the question is: Can I fill the Tax Registration Revenue Form stating my big loss as my expected turnover at the first year?
I really appreciate any sort of clarification on that.
I thought that the Turnover was the net sales generated, and by net I understood with all the costs deduced, but no, the Turnover is the total of my sales, the total of my incomes. Am I right now?
Is the Profit the Turnover less the Costs and the Expenses?
I thought that the Turnover was the net sales generated, and by net I understood with all the costs deduced, but no, the Turnover is the total of my sales, the total of my incomes. Am I right now?