Tax blog: guides, worked examples and explainers – page 36
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Finding the price before tax explained for new graduates
Finding the price before tax explained for new graduates, with a worked example, a checklist and the mistakes to avoid.
- Business mileage deductions explained for investors
Business mileage deductions explained for investors, with a worked example, a checklist and the mistakes to avoid.
- Budgeting for property tax in Honduras
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Honduras.
- Self-employment tax for Tennessee freelancers
How the 15.3% self-employment tax works for freelancers in Tennessee, the 92.35% rule, the wage base and the deduction for half of it.
- Property tax in Virginia: estimating your annual bill
Estimate Virginia property tax from assessed value and your local rate, and plan for it monthly.
- North Carolina paycheck: estimating your take-home pay
How federal income tax, North Carolina state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- How property tax bills are calculated in Austria
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Austria.
- Gross to net salary in Latvia: a simple estimate
A clear way to estimate net salary in Latvia from gross pay, using an effective income tax rate and a social contributions rate.
- VAT in Philippines: the 12% standard rate explained
How the 12% standard VAT rate in Philippines works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- VAT in Albania: the 20% standard rate explained
How the 20% standard VAT rate in Albania works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- Selling an asset in Norway? Estimating capital gains tax
How to estimate capital gains tax on shares, property or other assets sold in Norway: gain, costs, rate and net proceeds.
- How to remove VAT from a price in Thailand
Why you cannot just subtract 7% from a gross price in Thailand, and the correct formula for extracting VAT.
- How capital gains are taxed in Sweden: the basics
How to estimate capital gains tax on shares, property or other assets sold in Sweden: gain, costs, rate and net proceeds.
- Alberta vehicle sales tax and trade-ins
How sales tax applies to new and used vehicles in Alberta, and whether a trade-in lowers it.
- Should you tip on the pre-tax or post-tax total in Illinois?
How restaurant sales tax works in Illinois and why many diners tip on the pre-tax amount.
- Quarterly estimated tax explained for contractors
Quarterly estimated tax explained for contractors, with a worked example, a checklist and the mistakes to avoid.
- Illinois sales tax: the formula and a worked example
The simple formula for sales tax in Illinois, how to include local rates, and how to reverse it from a receipt.
- Extracting 11% VAT from a Lebanon price
Why you cannot just subtract 11% from a gross price in Lebanon, and the correct formula for extracting VAT.
- Capital gains tax in Thailand: a simple way to estimate it
How to estimate capital gains tax on shares, property or other assets sold in Thailand: gain, costs, rate and net proceeds.
- Withholding tax for gig workers: a practical guide
Withholding tax explained for gig workers, with a worked example, a checklist and the mistakes to avoid.