Tax blog: guides, worked examples and explainers – page 81
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Restaurant bills in British Columbia: tax and tip
How restaurant tax works in British Columbia and how to calculate a tip on the pre-tax amount.
- Japan VAT calculation: from net price to gross price
A step-by-step method for adding 10% VAT to any net price in Japan, with a ready-made table of common amounts.
- How to calculate sales tax in South Carolina
The simple formula for sales tax in South Carolina, how to include local rates, and how to reverse it from a receipt.
- Budgeting for property tax in Costa Rica
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Costa Rica.
- Pricing for profit with GST in Singapore
How to set a selling price in Singapore that hits a target profit margin and then adds 9% GST, with the formulas side by side.
- How to price products with 15% VAT in Ghana
How to set a selling price in Ghana that hits a target profit margin and then adds 15% VAT, with the formulas side by side.
- How GST works in Canada (5% standard rate)
How the 5% standard GST rate in Canada works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- How capital gains are taxed in Canada: the basics
How to estimate capital gains tax on shares, property or other assets sold in Canada: gain, costs, rate and net proceeds.
- How capital gains are taxed in Cameroon: the basics
How to estimate capital gains tax on shares, property or other assets sold in Cameroon: gain, costs, rate and net proceeds.
- VAT invoices in Chile: a practical checklist
The details a VAT invoice in Chile normally needs, how to lay out tax per line, and a worked invoice example at 19%.
- How tax brackets work explained for investors
How tax brackets work explained for investors, with a worked example, a checklist and the mistakes to avoid.
- FICA taxes: what content creators need to know
FICA taxes explained for content creators, with a worked example, a checklist and the mistakes to avoid.
- Connecticut freelancers: estimating self-employment tax
How the 15.3% self-employment tax works for freelancers in Connecticut, the 92.35% rule, the wage base and the deduction for half of it.
- Calculating 13% VAT after a discount in Nepal
Whether VAT in Nepal is charged before or after a discount, with a worked example and the difference in what the customer pays.
- Buying a car in District of Columbia? How sales tax and trade-ins work
How vehicle sales tax is calculated in District of Columbia, how a trade-in can reduce it, and which fees are added on top.
- Sri Lanka VAT guide: rates, examples and common mistakes
How the 18% standard VAT rate in Sri Lanka works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- Reverse sales tax in Nova Scotia: find the pre-tax price
Find the pre-tax price from a tax-inclusive total in Nova Scotia by dividing by 1.14.
- How to show 22% VAT on an invoice in Uruguay
The details a VAT invoice in Uruguay normally needs, how to lay out tax per line, and a worked invoice example at 22%.
- How to calculate sales tax in Newfoundland and Labrador
The formula for Newfoundland and Labrador sales tax at 15%, with a worked example.
- How bonuses are taxed explained for investors
How bonuses are taxed explained for investors, with a worked example, a checklist and the mistakes to avoid.