Tax blog: guides, worked examples and explainers – page 61

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

• How to remove VAT from a price in Belarus

  Why you cannot just subtract 20% from a gross price in Belarus, and the correct formula for extracting VAT.

• How to add VAT to a price in Dominican Republic

  A step-by-step method for adding 18% VAT to any net price in Dominican Republic, with a ready-made table of common amounts.

• Discounts and VAT in Bulgaria: which comes first?

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

• Türkiye VAT guide: rates, examples and common mistakes

  How the 20% standard VAT rate in Türkiye works, with a worked example, the shortcut formula and the mistakes that cost businesses money.

• South Carolina sales tax guide: the 6% state rate and local add-ons

  The 6% state sales tax rate in South Carolina, how local rates add on top, and a worked example for shoppers and sellers.

• Property tax in Nebraska: estimating your annual bill

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

• Crypto taxes for online sellers: a practical guide

  Crypto taxes explained for online sellers, with a worked example, a checklist and the mistakes to avoid.

• Car sales tax in Washington: what you will pay on a vehicle

  How vehicle sales tax is calculated in Washington, how a trade-in can reduce it, and which fees are added on top.

• VAT in Israel: the 18% standard rate explained

  How the 18% standard VAT rate in Israel works, with a worked example, the shortcut formula and the mistakes that cost businesses money.

• Pennsylvania sales tax: the formula and a worked example

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

• Nevada paycheck: estimating your take-home pay

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

• Import tariffs explained for online sellers

  Import tariffs explained for online sellers, with a worked example, a checklist and the mistakes to avoid.

• Import duty and VAT in China: how to estimate the landed cost

  How import duty and 13% VAT stack up on shipments into China, with a worked landed-cost example.

• How GST works on sale prices in Australia

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

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

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

• Margin, markup and VAT: setting prices in Peru

  How to set a selling price in Peru that hits a target profit margin and then adds 18% VAT, with the formulas side by side.

• How to price products with 16% VAT in Kenya

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

• Estimating take-home pay in Trinidad & Tobago

  A clear way to estimate net salary in Trinidad & Tobago from gross pay, using an effective income tax rate and a social contributions rate.

• Adding 20% VAT in Bulgaria: step by step

  A step-by-step method for adding 20% VAT to any net price in Bulgaria, with a ready-made table of common amounts.

• Montana paycheck: estimating your take-home pay

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