Tax blog: guides, worked examples and explainers – page 38
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Business mileage deductions for online sellers: a practical guide
Business mileage deductions explained for online sellers, with a worked example, a checklist and the mistakes to avoid.
- What it really costs to import into Honduras
How import duty and 15% VAT stack up on shipments into Honduras, with a worked landed-cost example.
- Self-employment tax for Rhode Island freelancers
How the 15.3% self-employment tax works for freelancers in Rhode Island, the 92.35% rule, the wage base and the deduction for half of it.
- How VAT works in Czechia (21% standard rate)
How the 21% standard VAT rate in Czechia works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- How to remove sales tax from a Saskatchewan price
Find the pre-tax price from a tax-inclusive total in Saskatchewan by dividing by 1.11.
- How to calculate sales tax in New Hampshire
The simple formula for sales tax in New Hampshire, how to include local rates, and how to reverse it from a receipt.
- FICA taxes for retail shop owners: a practical guide
FICA taxes explained for retail shop owners, with a worked example, a checklist and the mistakes to avoid.
- Selling an asset in Botswana? Estimating capital gains tax
How to estimate capital gains tax on shares, property or other assets sold in Botswana: gain, costs, rate and net proceeds.
- How property tax bills are calculated in Ethiopia
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Ethiopia.
- How bonuses are taxed explained for consultants
How bonuses are taxed explained for consultants, with a worked example, a checklist and the mistakes to avoid.
- Extracting 13% VAT from a Nepal price
Why you cannot just subtract 13% from a gross price in Nepal, and the correct formula for extracting VAT.
- Estimating take-home pay in Armenia
A clear way to estimate net salary in Armenia from gross pay, using an effective income tax rate and a social contributions rate.
- Your effective tax rate explained for side hustlers
Your effective tax rate explained for side hustlers, with a worked example, a checklist and the mistakes to avoid.
- Reverse VAT in Egypt: find the net price from a gross price
Why you cannot just subtract 14% from a gross price in Egypt, and the correct formula for extracting VAT.
- Import duty and VAT in Algeria: how to estimate the landed cost
How import duty and 19% VAT stack up on shipments into Algeria, with a worked landed-cost example.
- How to price products with 22% VAT in Italy
How to set a selling price in Italy that hits a target profit margin and then adds 22% VAT, with the formulas side by side.
- How property tax bills are calculated in Ireland
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Ireland.
- Estimating property tax in El Salvador
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in El Salvador.
- How Utah property taxes are calculated
Estimate Utah property tax from assessed value and your local rate, and plan for it monthly.
- How to price products with 21% VAT in Netherlands
How to set a selling price in Netherlands that hits a target profit margin and then adds 21% VAT, with the formulas side by side.