Tax blog: guides, worked examples and explainers – page 92
Practical guides with worked examples, each linked to a calculator you can use straight away.
- Extracting 13% VAT from a Bolivia price
Why you cannot just subtract 13% from a gross price in Bolivia, and the correct formula for extracting VAT.
- Cyprus VAT calculation: from net price to gross price
A step-by-step method for adding 19% VAT to any net price in Cyprus, with a ready-made table of common amounts.
- Business mileage deductions explained for retirees
Business mileage deductions explained for retirees, with a worked example, a checklist and the mistakes to avoid.
- Budgeting for property tax in Jordan
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Jordan.
- Take-home pay in South Carolina: federal, state and FICA explained
How federal income tax, South Carolina state tax and FICA come out of each paycheck, with an example for a biweekly pay schedule.
- Grossing up a payment for tax: what contractors need to know
Grossing up a payment for tax explained for contractors, with a worked example, a checklist and the mistakes to avoid.
- Estimating take-home pay in Singapore
A clear way to estimate net salary in Singapore from gross pay, using an effective income tax rate and a social contributions rate.
- Car sales tax in Maine: what you will pay on a vehicle
How vehicle sales tax is calculated in Maine, how a trade-in can reduce it, and which fees are added on top.
- Capital gains tax in Germany: a simple way to estimate it
How to estimate capital gains tax on shares, property or other assets sold in Germany: gain, costs, rate and net proceeds.
- West Virginia sales tax guide: the 6% state rate and local add-ons
The 6% state sales tax rate in West Virginia, how local rates add on top, and a worked example for shoppers and sellers.
- Stamp duty and transfer taxes: what retirees need to know
Stamp duty and transfer taxes explained for retirees, with a worked example, a checklist and the mistakes to avoid.
- Reverse VAT in Latvia: find the net price from a gross price
Why you cannot just subtract 21% from a gross price in Latvia, and the correct formula for extracting VAT.
- Rental income tax: what gig workers need to know
Rental income tax explained for gig workers, with a worked example, a checklist and the mistakes to avoid.
- Gross to net salary in Tanzania: a simple estimate
A clear way to estimate net salary in Tanzania from gross pay, using an effective income tax rate and a social contributions rate.
- Estimating property tax in Paraguay
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Paraguay.
- Writing a VAT invoice in Tanzania: what to include
The details a VAT invoice in Tanzania normally needs, how to lay out tax per line, and a worked invoice example at 18%.
- Oman VAT guide: rates, examples and common mistakes
How the 5% standard VAT rate in Oman works, with a worked example, the shortcut formula and the mistakes that cost businesses money.
- How property tax bills are calculated in Trinidad & Tobago
How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Trinidad & Tobago.
- Extracting 18% VAT from a North Macedonia price
Why you cannot just subtract 18% from a gross price in North Macedonia, and the correct formula for extracting VAT.
- Extracting 12% VAT from a Uzbekistan price
Why you cannot just subtract 12% from a gross price in Uzbekistan, and the correct formula for extracting VAT.