The amount is the VAT that should be paid,If the amount less than zero,leaves the tax credit at the end of the period. The amount can be credited from output tax in following tax period.If you want to learning taxation of China, please follow me.Welcome to communicate on online.中国第...
The Hawksford HR Service Team has drafted the ultimate guide to analysing the formulas used to calculate IIT on annual bonuses, maximising your employees' net income, and presenting practical examples of applying these principles. In 2018,the Ministry of Finance and the State Administrat...
Managing GST effectively is a key part of operations, demanding attention to detail, an up-to-date knowledge of various tax laws and reliable, consistent systems for tax collection and recordkeeping. Below is a guide to what businesses need to know about GST, including how to calculate it and...
Calculate your total earnings for the year. Determine your FICA tax portion: If you are employed, you will be required to pay 6.2 percent. But if you are self-employed, you have to pay for both portions, which means you will need to pay 12.4 percent. For example, if you earn $100,0...
This may also be the case with the sale of manufacturing equipment. Raw materials purchased by a business to manufacture or make something else that will be sold may also be exempt.How to calculate state sales tax If your state, county, and city impose a sales tax, you must add each of...
There are many Chinese-English language individual income tax calculators for China that you can use. Simply enter the Chinese city you live in, your income (monthly or yearly), social welfare rate, and special additional deductions, and you'll be able to calculate your personal income tax in...
Withholding tax is what employers deduct from gross wages to pay directly to the ATO. Learn from how to calculate it to what to do if an employee leaves.
Steps to Calculate Tax on Share Income - There are lot of individual who are confused about the taxation on income generated from investment in share and
The Hawksford HR Service Team has drafted the ultimate guide to analysing the formulas used to calculate IIT on annual bonuses, maximising your employees' net income, and presenting practical examples of applying these principles. In 2018, the Ministry of Finance and the State Administration of Tax...
1. How to calculate the VHIS tax deduction? As outlined in theInland Revenue Ordinance, VHIS policyholders can claim deductions up to HK$8,000 for qualifying premiums paid. According to a study by the insurance comparison site imSure, 81% of respondents do not have a clear understanding of...