Tax blog: guides, worked examples and explainers – page 20
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Take-home pay in Michigan: federal, state and FICA explained
How federal income tax, Michigan state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- How to price products with 19% VAT in Cyprus
How to set a selling price in Cyprus that hits a target profit margin and then adds 19% VAT, with the formulas side by side.
- Finding the price before tax: what students need to know
Finding the price before tax explained for students, with a worked example, a checklist and the mistakes to avoid.
- Discounts and VAT in Croatia: which comes first?
Whether VAT in Croatia is charged before or after a discount, with a worked example and the difference in what the customer pays.
- Property tax in Pennsylvania: estimating your annual bill
Estimate Pennsylvania property tax from assessed value and your local rate, and plan for it monthly.
- Import duty and VAT in Kazakhstan: how to estimate the landed cost
How import duty and 16% VAT stack up on shipments into Kazakhstan, with a worked landed-cost example.
- How to price products with 10% VAT in Japan
How to set a selling price in Japan that hits a target profit margin and then adds 10% VAT, with the formulas side by side.
- Discounts and VAT in Vietnam: which comes first?
Whether VAT in Vietnam is charged before or after a discount, with a worked example and the difference in what the customer pays.
- Business mileage deductions for couples: a practical guide
Business mileage deductions explained for couples, with a worked example, a checklist and the mistakes to avoid.
- Budgeting for property tax in Denmark
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Denmark.
- Selling an asset in Lithuania? Estimating capital gains tax
How to estimate capital gains tax on shares, property or other assets sold in Lithuania: gain, costs, rate and net proceeds.
- Self-employment tax for New Jersey freelancers
How the 15.3% self-employment tax works for freelancers in New Jersey, the 92.35% rule, the wage base and the deduction for half of it.
- Sales tax in Northwest Territories: the 5% combined rate explained
How the 5% combined sales tax in Northwest Territories is made up and how to calculate it on any price.
- Pricing for profit with VAT in Thailand
How to set a selling price in Thailand that hits a target profit margin and then adds 7% VAT, with the formulas side by side.
- Margin, markup and VAT: setting prices in Armenia
How to set a selling price in Armenia that hits a target profit margin and then adds 20% VAT, with the formulas side by side.
- Washington sales tax guide: the 6.5% state rate and local add-ons
The 6.5% state sales tax rate in Washington, how local rates add on top, and a worked example for shoppers and sellers.
- Sales tax in Louisiana: rates, examples and what to watch for
The 5% state sales tax rate in Louisiana, how local rates add on top, and a worked example for shoppers and sellers.
- Reverse VAT in Uruguay: find the net price from a gross price
Why you cannot just subtract 22% from a gross price in Uruguay, and the correct formula for extracting VAT.
- How capital gains are taxed in Tanzania: the basics
How to estimate capital gains tax on shares, property or other assets sold in Tanzania: gain, costs, rate and net proceeds.
- Grossing up a payment for tax for landlords: a practical guide
Grossing up a payment for tax explained for landlords, with a worked example, a checklist and the mistakes to avoid.