Net profit/loss on the infringing business
38. Going by the figures supplied to me at the hearing, I calculate that Design & Display made a small loss on the infringing business. If my maths are wrong and there was a profit, the parties can make further submissions, in writing if appropriate, on the precise sum.
- Introduction
- The relevant principles governing the discount of overheads
- Outstanding issues
- Wages and salaries
- NICs and hired and recharged labour
- Directors’ NICs
- Dividends to directors other than Mr and Mrs Lloyd
- Net profit/loss on the infringing business
- Costs excluding the appeal
- Costs of the Appeal
- Permission to appeal