10% off earnings is it....

[Waveawand]

based on the average weekly hours worked over the year ?

thanks anyone :)

[Wheelybug]

based on the average weekly hours worked over the year ?

thanks anyone :)

Do you mean the 10% you can deduct off your gross profit for wear and tear each year?

[Blackhorse]

10% off your actual earnings

you can caluclate weekly, monthly however you want.

so if you get paid £100 a week you take £10 off to that

[miffy]

I'm assuming you mean the 10% wear and tear?

It's usually taken off as a lump sum off your total earnings so

total earnings less 10% less expenses = profit

Miffy xx

[tulip0803]

I take my gross income (total money in before expences) for the year and take the 10% off that, before I take the expences off:) . I just find it easier to take the 10% off my final figure as you only have to do it once, but you can do it any way you want.

[Chatterbox Childcare]

It is 10% off of your total income, including grants, network payments etc

You can work it out weeklu, monthly, quarterly, yearly, it is entirely up to you.

Take the total for the term and work out 10% and this figures goes into your accounts as an expense.