Tax blog: guides, worked examples and explainers – page 4
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Uruguay VAT calculation: from net price to gross price
A step-by-step method for adding 22% VAT to any net price in Uruguay, with a ready-made table of common amounts.
- Tax refunds explained for freelancers
Tax refunds explained for freelancers, with a worked example, a checklist and the mistakes to avoid.
- Self-employment tax for Missouri freelancers
How the 15.3% self-employment tax works for freelancers in Missouri, the 92.35% rule, the wage base and the deduction for half of it.
- How tax brackets work explained for couples
How tax brackets work explained for couples, with a worked example, a checklist and the mistakes to avoid.
- How bonuses are taxed explained for couples
How bonuses are taxed explained for couples, with a worked example, a checklist and the mistakes to avoid.
- South Dakota freelancers: estimating self-employment tax
How the 15.3% self-employment tax works for freelancers in South Dakota, the 92.35% rule, the wage base and the deduction for half of it.
- Reverse VAT in Bangladesh: find the net price from a gross price
Why you cannot just subtract 15% from a gross price in Bangladesh, and the correct formula for extracting VAT.
- Mississippi paycheck: estimating your take-home pay
How federal income tax, Mississippi state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- How VAT works in Ireland (23% standard rate)
How the 23% standard VAT rate in Ireland works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- How to add VAT to a price in Spain
A step-by-step method for adding 21% VAT to any net price in Spain, with a ready-made table of common amounts.
- Home office deductions explained for online sellers
Home office deductions explained for online sellers, with a worked example, a checklist and the mistakes to avoid.
- Oklahoma freelancers: estimating self-employment tax
How the 15.3% self-employment tax works for freelancers in Oklahoma, the 92.35% rule, the wage base and the deduction for half of it.
- Hourly wage after tax: what couples need to know
Hourly wage after tax explained for couples, with a worked example, a checklist and the mistakes to avoid.
- Gross to net salary in Australia: a simple estimate
A clear way to estimate net salary in Australia from gross pay, using an effective income tax rate and a social contributions rate.
- Florida paycheck: estimating your take-home pay
How federal income tax, Florida state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- Calculating 15% VAT after a discount in Ethiopia
Whether VAT in Ethiopia is charged before or after a discount, with a worked example and the difference in what the customer pays.
- Writing a VAT invoice in Lithuania: what to include
The details a VAT invoice in Lithuania normally needs, how to lay out tax per line, and a worked invoice example at 21%.
- VAT in Lithuania: the 21% standard rate explained
How the 21% standard VAT rate in Lithuania works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- South Africa VAT guide: rates, examples and common mistakes
How the 15% standard VAT rate in South Africa works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- How to add VAT to a price in Türkiye
A step-by-step method for adding 20% VAT to any net price in Türkiye, with a ready-made table of common amounts.