BTC - Trade Profit

mattyj3nks

I am just lookign at what things should be added back, deducted and ignored when calculating trade profit.....

i have come up with this:

net profit

add back:-
depreciation
gift aid payments
increase in provisions (general)
entertaining customers
lease of car
fines for law breaking
supplier loans
drawings
loss on sale of fixed asset

deduct:-
dividends received
profit on sale of fixed assets
profit on sale of shares
non-trading interest receivable
rent receivale

= Trading Profit


Is there anything else that would be in this?
please add below and say what action would need to be taken....

gosia79

Add back:
-gifts to customers: food, alcohol, tabacco (allowable is stuff under £50.00 and with a company's logo I think...)
-loans to employees written off
-political donations
-lease of a car- only 15% of the cost and it has to be high emission car

A-Vic

= trading profit before capital allowences