CIC Association

Serving Community Enterprise

Hiya,
If i charged £100 for a group activity do i first of all take charges off like room rental, petrol, equipment etc. Off before taking the tax and national insurance off or do i take the tax and national insurance off of the whole £100?

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Expenses are deductible first

Thanks very much John, i wonder if you could help me with anthor question..i know you cant obviously pay yourself a ridiculous amount of money but say i pay an employee £30ph am i wrong in thinking that you have to make sure you dont pay yourself much more than your paying your employee..does that make sense?
Many thanks
Dale

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