Tax blog: guides, worked examples and explainers – page 73
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Take-home pay in Connecticut: federal, state and FICA explained
How federal income tax, Connecticut state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- Net profit after tax explained for couples
Net profit after tax explained for couples, with a worked example, a checklist and the mistakes to avoid.
- Massachusetts sales tax: the formula and a worked example
The simple formula for sales tax in Massachusetts, how to include local rates, and how to reverse it from a receipt.
- How VAT works on sale prices in Spain
Whether VAT in Spain is charged before or after a discount, with a worked example and the difference in what the customer pays.
- Capital gains tax in China: a simple way to estimate it
How to estimate capital gains tax on shares, property or other assets sold in China: gain, costs, rate and net proceeds.
- Margin, markup and VAT: setting prices in Ethiopia
How to set a selling price in Ethiopia that hits a target profit margin and then adds 15% VAT, with the formulas side by side.
- Import duty and VAT in Bangladesh: how to estimate the landed cost
How import duty and 15% VAT stack up on shipments into Bangladesh, with a worked landed-cost example.
- How property tax bills are calculated in Nepal
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Nepal.
- How GST works on sale prices in Canada
Whether GST in Canada is charged before or after a discount, with a worked example and the difference in what the customer pays.
- Grossing up a payment for tax explained for small business owners
Grossing up a payment for tax explained for small business owners, with a worked example, a checklist and the mistakes to avoid.
- United Arab Emirates VAT guide: rates, examples and common mistakes
How the 5% standard VAT rate in United Arab Emirates works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- Stamp duty and transfer taxes explained for retail shop owners
Stamp duty and transfer taxes explained for retail shop owners, with a worked example, a checklist and the mistakes to avoid.
- Quarterly estimated tax explained for consultants
Quarterly estimated tax explained for consultants, with a worked example, a checklist and the mistakes to avoid.
- How property tax bills are calculated in South Korea
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in South Korea.
- Grossing up a payment for tax for students: a practical guide
Grossing up a payment for tax explained for students, with a worked example, a checklist and the mistakes to avoid.
- Dividend tax: what retirees need to know
Dividend tax explained for retirees, with a worked example, a checklist and the mistakes to avoid.
- West Virginia paycheck: estimating your take-home pay
How federal income tax, West Virginia state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- Self-employment tax for Indiana freelancers
How the 15.3% self-employment tax works for freelancers in Indiana, the 92.35% rule, the wage base and the deduction for half of it.
- Extracting 15% VAT from a Ghana price
Why you cannot just subtract 15% from a gross price in Ghana, and the correct formula for extracting VAT.
- Car sales tax in Vermont: what you will pay on a vehicle
How vehicle sales tax is calculated in Vermont, how a trade-in can reduce it, and which fees are added on top.