Fixed deposits (also called term deposits) are seen as a safe bet by many who wish to invest their money and earn extra income on it, without taking too much risk. In case of FDs, you get an insurance coverage of up to INR 5 lakh. This is like a safety net in the event that a...
What is IRMAA? The Medicare income-related monthly adjustment amount (IRMAA) is a surcharge on Medicare Part B (medical insurance) and Medicare Part D prescription drug plan premiums. It applies only to Medicare beneficiaries with a modified adjusted gross income above $106,000 (individual return...
» MORE: What is a shared ownership mortgage? How much is stamp duty on a second home? If you buy a second home or additional residential property, a 5% surcharge is usually payable on top of the standard stamp duty tax rates. If you’re simply moving home and the new property repl...
The Car's Emissions:How much carbon dioxide (CO2) the car emits per kilometre driven. The higher the emissions, the more tax you'll pay. Fuel Type:Whether the car runs on petrol, diesel, hybrid, or is fully electric. Electric cars have the lowest tax rates. ...
Yes, you have to pay tax on income made through mutual funds, such as capital gains and dividends. However, the tax treatment depends on multiple factors such as the type of mutual fund, holding period, your tax slab, etc. How much tax do I pay on mutual funds? How much mutual fund...
surcharge is not 3% to 3% there are some specific numbers that the surcharge (customer pays) and merchant fee (business pays) need to be set at so you dont run into that issue. there are some great fully GAAP compliant solutions w ith instant 2 wa...
“Because so much is subject to change, especially as you age, I stress test my clients’ retirement plans under multiple scenarios,” Calandriello says. She also helps create plans for her clients to help them decide when and how to tap different types of retirement accounts. “It’s also...
It seems so 'intuitive' that this is part of invoicing. I can't quite believe this hasn't been implemented and it's a royal pain in the butt to calculate it and explain the inaccuracy to customers when you're charging on the total... c...
A luxury tax is a sales tax or surcharge levied only on certain products or services that are deemed non-essential or accessible only to the super-wealthy. The luxury tax may be charged as a percentage of the purchase price, or as a percentage of the amount above a specified level. ...
TheIncome-Related Monthly Adjustment Amount (IRMAA)is an additional charge that high-incomeMedicarebeneficiaries must pay on top of theirMedicarePart B and Part D premiums. So how much is it for a married couple filing separately? Determined by theSocial Security Administration (SSA), IRMAA is ...