Turn an Uneven Year Into One Number You Can Show

The Profit by Income Category chart answers that. Income is grouped by category, costs incurred for a particular kind of income attach to it directly, and you can switch on apportionment to spread your business-wide overheads across the categories by revenue share. Platform fees are only ever charged against income that actually came through a platform, so invoiced work is never made to look worse than it is. A stream can cover its own direct costs and still lose money once overheads are against it, which a single total never shows.

Yes. A business invoicing clients and also taking card, app or platform payments has two halves that do not add up the same way, and this is where they meet. Both sides go into one set of records, the fee is recorded against the income it came off, and the category view shows each part of the business against its own costs. There is a free calculator that does a simplified version of the same split if you want to try it first.

Lenders and landlords need stable monthly income figures — not volatile bank deposits. PlatformTaxHub's Net Profit tool smooths irregular platform earnings into a stable monthly equivalent and turns them into one figure you can put on an application and defend: a stable monthly equivalent, with the gross income, the platform fees and the costs shown underneath it. Instead of handing over twelve months of statements and hoping someone reads them the way you would, you arrive with the number already worked out and every question already answered.

Net profit is gross platform earnings minus all costs: platform fees, payment processing, currency conversion, software subscriptions, and business expenses. Most platform earners only see bank deposits — which is net after platform fees but before tax and business expenses. True net profit requires separating every cost layer from gross. PlatformTaxHub automates this calculation across all your platforms simultaneously.

Banks are built for payroll income — consistent amounts from one employer on predictable dates. Platform income arrives in variable amounts from multiple sources on different schedules. Bank statements showing $800 one month and $4,200 the next trigger affordability concerns even when the annual total is strong. A normalised monthly equivalent with source documentation solves this.

Monthly equivalent takes your total net profit over a period and divides it evenly to produce a stable per-month figure. A freelancer earning $12,600 net profit over 3 months has a monthly equivalent of $4,200 — even if the actual months were $800, $4,200, and $7,600. This is the figure lenders use to assess affordability.

Yes. The Statement of Earnings is a PDF you download from the Net Profit tab, and it converts whatever currencies you earned in into one, with a monthly equivalent for irregular income. That matters most when you are earning in dollars and applying in pounds, or the other way round, because the exchange rate used is recorded against each entry rather than applied in one lump at the end.