The profit and loss statement 043-03070010

Example

This example is of a profit and loss statement adjusted for non-allowable income and deductions. The example shows the original and the adjusted profit and loss statements. The adjustments have been made as if the profit and loss statement is from a sole trader or partnership business.

Note: this example is not to work out what adjustments are required for a business profit and loss statement. See business deductions.

Example of profit and loss statement with notes

Forms

Profit and Loss Statement (SU580)

Calculators

Interim profit and loss calculator for trusts and companies

Interim profit and loss calculator for sole traders and partnerships