Tax blog: guides, worked examples and explainers – page 8
Practical guides with worked examples, each linked to a calculator you can use straight away.
- How bonuses are taxed for families: a practical guide
How bonuses are taxed explained for families, with a worked example, a checklist and the mistakes to avoid.
- Buying a car in Saskatchewan: sales tax explained
How sales tax applies to new and used vehicles in Saskatchewan, and whether a trade-in lowers it.
- New Jersey sales tax: the formula and a worked example
The simple formula for sales tax in New Jersey, how to include local rates, and how to reverse it from a receipt.
- How to price products with 21% VAT in Latvia
How to set a selling price in Latvia that hits a target profit margin and then adds 21% VAT, with the formulas side by side.
- How much of your salary you keep in Greece
A clear way to estimate net salary in Greece from gross pay, using an effective income tax rate and a social contributions rate.
- Extracting 18% VAT from a Peru price
Why you cannot just subtract 18% from a gross price in Peru, and the correct formula for extracting VAT.
- Estimating property tax in Indonesia
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Indonesia.
- Calculating 12% VAT after a discount in Indonesia
Whether VAT in Indonesia is charged before or after a discount, with a worked example and the difference in what the customer pays.
- VAT in Italy: the 22% standard rate explained
How the 22% standard VAT rate in Italy works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- Tipping and sales tax at Delaware restaurants
How restaurant sales tax works in Delaware and why many diners tip on the pre-tax amount.
- Estimating take-home pay in Jamaica
A clear way to estimate net salary in Jamaica from gross pay, using an effective income tax rate and a social contributions rate.
- Colombia VAT guide: rates, examples and common mistakes
How the 19% standard VAT rate in Colombia works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- Adding 23% VAT in Ireland: step by step
A step-by-step method for adding 23% VAT to any net price in Ireland, with a ready-made table of common amounts.
- Reverse VAT in Uganda: find the net price from a gross price
Why you cannot just subtract 18% from a gross price in Uganda, and the correct formula for extracting VAT.
- Reverse VAT in Cameroon: find the net price from a gross price
Why you cannot just subtract 19.25% from a gross price in Cameroon, and the correct formula for extracting VAT.
- Pricing for profit with VAT in Iceland
How to set a selling price in Iceland that hits a target profit margin and then adds 24% VAT, with the formulas side by side.
- How bonuses are taxed: what startup founders need to know
How bonuses are taxed explained for startup founders, with a worked example, a checklist and the mistakes to avoid.
- Business mileage deductions: what first-time filers need to know
Business mileage deductions explained for first-time filers, with a worked example, a checklist and the mistakes to avoid.
- After-tax investment returns: what couples need to know
After-tax investment returns explained for couples, with a worked example, a checklist and the mistakes to avoid.
- Portugal VAT guide: rates, examples and common mistakes
How the 23% standard VAT rate in Portugal works, with a worked example, the shortcut formula and the mistakes that cost businesses money.