Turnover

"turnover":

  • in relation to a company, has the meaning given in section 474 of the Companies Act 2006;
  • in relation to a limited liability partnership, has the meaning given in section 474 of the Companies Act 2006 as applied by regulation 32 of the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008; and
  • in relation to any other case, means the amounts derived by the data controller from the provision of goods and services falling within the data controller’s ordinary activities, after deduction of:

- trade discounts

- value added tax, and

- any other taxes based on the amounts so derived.

Groups of companies need to assess the numbers of staff and turnover for each separate company in the group, not the overall group figures.