Tax blog: guides, worked examples and explainers – page 43

Practical guides with worked examples, each linked to a calculator you can use straight away.

• Tipping and sales tax in Manitoba

  How restaurant tax works in Manitoba and how to calculate a tip on the pre-tax amount.

• Tax-equivalent yield explained for contractors

  Tax-equivalent yield explained for contractors, with a worked example, a checklist and the mistakes to avoid.

• Take-home pay in Hawaii: federal, state and FICA explained

  How federal income tax, Hawaii state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.

• Finding the price before tax explained for freelancers

  Finding the price before tax explained for freelancers, with a worked example, a checklist and the mistakes to avoid.

• Discounts and GST in Jordan: which comes first?

  Whether GST in Jordan is charged before or after a discount, with a worked example and the difference in what the customer pays.

• Calculating 10% VAT after a discount in Bahrain

  Whether VAT in Bahrain is charged before or after a discount, with a worked example and the difference in what the customer pays.

• VAT invoices in Uzbekistan: a practical checklist

  The details a VAT invoice in Uzbekistan normally needs, how to lay out tax per line, and a worked invoice example at 12%.

• Take-home pay in Louisiana: federal, state and FICA explained

  How federal income tax, Louisiana state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.

• North Carolina freelancers: estimating self-employment tax

  How the 15.3% self-employment tax works for freelancers in North Carolina, the 92.35% rule, the wage base and the deduction for half of it.

• Dividend tax for landlords: a practical guide

  Dividend tax explained for landlords, with a worked example, a checklist and the mistakes to avoid.

• Discounts and VAT in Zambia: which comes first?

  Whether VAT in Zambia is charged before or after a discount, with a worked example and the difference in what the customer pays.

• Writing a VAT invoice in Ireland: what to include

  The details a VAT invoice in Ireland normally needs, how to lay out tax per line, and a worked invoice example at 23%.

• Virginia sales tax: the formula and a worked example

  The simple formula for sales tax in Virginia, how to include local rates, and how to reverse it from a receipt.

• Property tax in New Hampshire: estimating your annual bill

  Estimate New Hampshire property tax from assessed value and your local rate, and plan for it monthly.

• Iowa paycheck: estimating your take-home pay

  How federal income tax, Iowa state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.

• How to price products with 16% VAT in Zambia

  How to set a selling price in Zambia that hits a target profit margin and then adds 16% VAT, with the formulas side by side.

• How property tax bills are calculated in Lebanon

  How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Lebanon.

• VAT in Slovakia: the 23% standard rate explained

  How the 23% standard VAT rate in Slovakia works, with a worked example, the shortcut formula and the mistakes that cost businesses money.

• Tax savings from retirement contributions: what couples need to know

  Tax savings from retirement contributions explained for couples, with a worked example, a checklist and the mistakes to avoid.

• Should you tip on the pre-tax or post-tax total in Tennessee?

  How restaurant sales tax works in Tennessee and why many diners tip on the pre-tax amount.