Tax blog: guides, worked examples and explainers – page 93

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

• Writing a VAT invoice in North Macedonia: what to include

  The details a VAT invoice in North Macedonia normally needs, how to lay out tax per line, and a worked invoice example at 18%.

• VAT invoices in Argentina: a practical checklist

  The details a VAT invoice in Argentina normally needs, how to lay out tax per line, and a worked invoice example at 21%.

• Rental income tax explained for new graduates

  Rental income tax explained for new graduates, with a worked example, a checklist and the mistakes to avoid.

• How to remove VAT from a price in Philippines

  Why you cannot just subtract 12% from a gross price in Philippines, and the correct formula for extracting VAT.

• Budgeting for property tax in Bolivia

  How property tax is typically calculated from an assessed value and a rate, with a monthly budgeting figure for owners in Bolivia.

• Adding 15% VAT in Jamaica: step by step

  A step-by-step method for adding 15% VAT to any net price in Jamaica, with a ready-made table of common amounts.

• What a tax deduction is really worth: what part-time workers need to know

  What a tax deduction is really worth explained for part-time workers, with a worked example, a checklist and the mistakes to avoid.

• Self-employment tax for Alaska freelancers

  How the 15.3% self-employment tax works for freelancers in Alaska, the 92.35% rule, the wage base and the deduction for half of it.

• Inheritance and estate tax for retail shop owners: a practical guide

  Inheritance and estate tax explained for retail shop owners, with a worked example, a checklist and the mistakes to avoid.

• Gross to net salary in Bosnia & Herzegovina: a simple estimate

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

• Calculating 14% VAT after a discount in Egypt

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

• Your effective tax rate explained for families

  Your effective tax rate explained for families, with a worked example, a checklist and the mistakes to avoid.

• How VAT works in Ukraine (20% standard rate)

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

• Grossing up a payment for tax explained for retirees

  Grossing up a payment for tax explained for retirees, with a worked example, a checklist and the mistakes to avoid.

• Calculating 22% VAT after a discount in Uruguay

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

• Business mileage deductions for side hustlers: a practical guide

  Business mileage deductions explained for side hustlers, with a worked example, a checklist and the mistakes to avoid.

• Alabama freelancers: estimating self-employment tax

  How the 15.3% self-employment tax works for freelancers in Alabama, the 92.35% rule, the wage base and the deduction for half of it.

• Your effective tax rate: what remote workers need to know

  Your effective tax rate explained for remote workers, with a worked example, a checklist and the mistakes to avoid.

• New Jersey sales tax guide: the 6.625% state rate and local add-ons

  The 6.625% state sales tax rate in New Jersey, how local rates add on top, and a worked example for shoppers and sellers.

• Margin, markup and VAT: setting prices in Denmark

  How to set a selling price in Denmark that hits a target profit margin and then adds 25% VAT, with the formulas side by side.