Tax blog: guides, worked examples and explainers – page 15
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Reverse VAT in France: find the net price from a gross price
Why you cannot just subtract 20% from a gross price in France, and the correct formula for extracting VAT.
- How VAT works on sale prices in Romania
Whether VAT in Romania is charged before or after a discount, with a worked example and the difference in what the customer pays.
- How capital gains are taxed in Panama: the basics
How to estimate capital gains tax on shares, property or other assets sold in Panama: gain, costs, rate and net proceeds.
- Extracting 21% VAT from a Netherlands price
Why you cannot just subtract 21% from a gross price in Netherlands, and the correct formula for extracting VAT.
- Egypt VAT calculation: from net price to gross price
A step-by-step method for adding 14% VAT to any net price in Egypt, with a ready-made table of common amounts.
- United Kingdom VAT guide: rates, examples and common mistakes
How the 20% standard VAT rate in United Kingdom works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- Selling an asset in Uruguay? Estimating capital gains tax
How to estimate capital gains tax on shares, property or other assets sold in Uruguay: gain, costs, rate and net proceeds.
- Self-employment tax for Idaho freelancers
How the 15.3% self-employment tax works for freelancers in Idaho, the 92.35% rule, the wage base and the deduction for half of it.
- Rental income tax for freelancers: a practical guide
Rental income tax explained for freelancers, with a worked example, a checklist and the mistakes to avoid.
- How much of your salary you keep in North Macedonia
A clear way to estimate net salary in North Macedonia from gross pay, using an effective income tax rate and a social contributions rate.
- Depreciation deductions for new graduates: a practical guide
Depreciation deductions explained for new graduates, with a worked example, a checklist and the mistakes to avoid.
- What it really costs to import into Philippines
How import duty and 12% VAT stack up on shipments into Philippines, with a worked landed-cost example.
- Tipping and sales tax in Saskatchewan
How restaurant tax works in Saskatchewan and how to calculate a tip on the pre-tax amount.
- Reverse VAT in Romania: find the net price from a gross price
Why you cannot just subtract 21% from a gross price in Romania, and the correct formula for extracting VAT.
- How capital gains are taxed in Costa Rica: the basics
How to estimate capital gains tax on shares, property or other assets sold in Costa Rica: gain, costs, rate and net proceeds.
- Crypto taxes for part-time workers: a practical guide
Crypto taxes explained for part-time workers, with a worked example, a checklist and the mistakes to avoid.
- Should you tip on the pre-tax or post-tax total in Utah?
How restaurant sales tax works in Utah and why many diners tip on the pre-tax amount.
- Sales tax in Wisconsin: rates, examples and what to watch for
The 5% state sales tax rate in Wisconsin, how local rates add on top, and a worked example for shoppers and sellers.
- Restaurant bills in Alberta: tax and tip
How restaurant tax works in Alberta and how to calculate a tip on the pre-tax amount.
- FICA taxes for students: a practical guide
FICA taxes explained for students, with a worked example, a checklist and the mistakes to avoid.