Ever wondered how your car insurance price is calculated? We explain how your details and other influences could affect your premium.
en the tax payable by the factory shall be computed as follows: Tax payable = 5000 tons × 220 yuan / ton = 1100000 yuan Example 3 Some motor factory sold 5000 cars in the month. The price of each car is 8000 yuan ( excluding VAT). The applicable Consumption Tax rate is 5%. The C...
When you have an insurance policy, the company charges you money in exchange for that coverage. That cost is known as the insurance premium. Depending on thehealth insurance policy, you might pay the premium each month or on a semiannual basis. In some cases, you might be required to pay...
the garment maker would pay the same percentage on the difference between what they charge for socks and what they pay for yarn. This is a tax on each company'sgross margins, rather than on the end user.
The amount of estimated tax must be calculated to include: The amount of income you made from the business during a year, and The amount of self-employment tax (Social Security and Medicare) you owe based on that income. Who Is Required to Make Estimated Tax Payments? Individuals Look...
Or you might be responsible for paying your insurance company directly, but your lender might require proof. Private mortgage insurance (PMI): If you put down less than 20%, you might be subject to PMI, which is essentially an insurance policy that covers your lender in case you default ...
To figure the effective rate on an auto loan, plug the information into the formula. Suppose you purchase a new car with the final invoice totaling $22,339. You pay a down payment of $2,339 along with the tax and license and finance the remaining $20,000 at 6 percent interest compound...
15. Put ads on your carBarrier to entry: 7/10Potential startup cost: $0Time to first payout: MonthlyPotential earnings: $175 to $452Another way to make money with your car is by allowing companies like Wrapify, Carvertise, and Nickelytics to put their ads on it. These services will ...
If you have a car loan, chances are you are being charged simple interest. This is a good thing, because simple interest is calculated based on the principal balance. This means that your lender can’t charge you interest on any of the interest your loan previously accumulated over the life...
A luxury tax is a sales tax levied on specific products or services that are deemed non-essential or accessible only by the super-wealthy.