Gas Price - how much is tax?Gus PhilpottThe Woodstock Advocate
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The CPIH is almost the same as the CPI, but it also measures the change in the cost of owning, maintaining and living in your home, including council tax. Because it includes these costs, the ONS calls it the ‘most comprehensive measure of inflation’. However, it doesn’t include mo...
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But it is always best to check the validity of these tax deductions with your local tax authorities. Vehicle Write-Off Example As a small business owner, if you use your vehicle for business purposes, then the expenses associated with that vehicle are tax deductible. Such expenses include gas...
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This is a tax pre-baked into the cost of a consumer good or service, and it is assessed as a percentage of the item’s value. A VAT differs from a US-style sales tax because the VAT is included in the item’s price tag. The consumer doesn’t pay additional tax at the point of...
directly by businesses. This tax is often passed on to the consumer, who may or may not be aware that they're paying it to the merchant because it's included in the price. This is common in the fuel industry, where companies charge excise taxes through the price you pay at the pump....