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Money earned by a business before making any deductions for business expenses. The turnover includes receipts in cash or in kind for goods sold or work done, commission, fees receivable, insurance proceeds for loss of stock and profits, and so on. It does not include Business Start-Up Allowance (or Enterprise Allowance). Also, do not include amounts received from the sale of capital items, that is assets which are of lasting use to the business, such as business premises, plant, machinery and vehicles. Turnover should be included in your accounts when it is earned, even if you do not receive the money until later.