Hawaii’s state sales tax rate is 4%, which you must remit to the state. Some counties and cities, like Maui and Honolulu, impose local surcharges of up to 0.5%, for a maximum possible combined sales tax of 4.5%. (The average sales tax after local surtaxes is 4.35%.) Specific indu...
Thus, if the Legislature doesn’t intervene again, the state unemployment tax will soar up to Schedule H — the highest rate —for 2023. That’s an increase of 114%, more than enough to affect hiring decisions or prevent struggling businesses from surviving the lockdowns. Hawaii was one of...
rates in the country, but homeowners also pay the lowest effective property tax rate in the country, as well. While Hawaii doesn’t technically have a state sales tax, there is a general excise tax that businesses pay on all business activities, and this is generally passed on to consumers...
As of January 2010, the state's unemployment rate was 6.9%.[130]In 2009, the United States military spent US$12.2 billion in Hawaii, accounting for 18% of spending in the state for that year. 75,000 United States Department of Defense personnel live in Hawaii.[131]...
High interest rates have had a crippling effect on would-be homeowners in the state by not only making mortgages significantly more unaffordable, but also reducing the number of houses on the market. A majority of mortgage-holders in the state are paying an interest rate of less than 4%, ac...
July 4, 2022 at 7:52 pm Aloha Fred Wong! It is the property owner’s responsibility to pay the GET. However, it is perfectly legal and most common for a property owner to collect the GET from the tenant as a separate pass-through tax on top of the rental base rate, provided the...
rate reductions, or bracket adjustments, to lessen the income tax burden on those less fortunate rather than adding layer upon layer of complicated credits (right now we have the earned income tax credit, food/excise tax credit, credit for low-income household renters, low-income housing tax ...
Got it. Okay. That’s helpful. You’ve covered most of my other questions. But the other one [Phonetic] is some modeling with tax rate. I was kind of surprised to hear it near 23%. Is there anything in that causing it to rise from where it’s been the last couple years?
Governor of the State of Hawai’I, provides facts and resources on Homeless in Hawaii on his official website, ltgov.hawaii.gov. Dr. Green writes, “Hawaii is currently facing one of the worst homeless epidemics in the country with the highest rate of homelessness per capita in the ...
i Pacific University is the state?s largest private university located on the island of O?ahu. Established in 1965, HPU is home to over 3,000 students from Hawai?i, the mainland, and more than 65 countries around the world. HPU has been named ?Hawai?i?s Best Univer...