2006-09-10 05:25:52 · 5 answers · asked by dday58 1 in Business & Finance ➔ Small Business
NO. The sales tax is what you have to pay your local department of revenue. The only thing you pay is the percentage of the price of what was sold. Say they sold something for $1000 and they get a 10% commission then they would receive $100 dollars.
2006-09-10 05:29:26 · answer #1 · answered by Medical and Business Information 5 · 0⤊ 0⤋
no.
Commission is paid on the sale amount.
Tax is paid on the sale amount.
The price of the items and services sold is the sale amount. This does not include taxes, this is the dollar amount on which the taxes and commissions are calculated.
2006-09-10 05:31:11 · answer #2 · answered by Anonymous · 0⤊ 0⤋
No.
Commission is a % of the sale invoice price before taxes & other fees + Flat bonus/one time payouts as applicable.
This is just a generic practice. Again, it depends on your company policy and if you want to include it or not.
2006-09-10 06:31:24 · answer #3 · answered by Sanjax 2 · 0⤊ 0⤋
you are going to bypass nuts attempting to maintain song of this because of the fact the withholding quantities for each worker is possibly to be different. upload to that the reality that the income tax fee is graduated so which you would be paying different cost rates each and every pay era because of the fact the form of revenues ameliorations from one pay era to the subsequent. it is a detrimental enterprise kind because it is impossible to foretell your actually expenses in strengthen. On precise of that, you may elect an entire time worker just to maintain song of the commissions and run the calculations each and each payday regardless of a small revenues tension. as quickly as your workers get wind of what you're doing, all and sundry with a million/2 a suggestions will swap their withholdings to unmarried and 0 and in line with danger even have you ever withhold extra tax $$$ from each and each verify. Your payroll expenses would desire to spiral uncontrolled and wipe out any desire of any income for what you're promoting corporation. it might make plenty extra experience to kick the gross cost as much as $a hundred and fifty or so and allow the tax bite fall anyplace it does for each worker.
2016-12-12 05:57:17 · answer #4 · answered by Anonymous · 0⤊ 0⤋
NO, ONLY SALE OF GOODS SALES TAX IS INCLUDED. FOR SALES COMMISSION YOU NEED TO DEDUCT INCOME TAX, IF APPLICABLE.
2006-09-10 05:33:45 · answer #5 · answered by Anonymous · 0⤊ 0⤋