2007-03-06 02:24:54 · 8 answers · asked by Life As 1 in Business & Finance ➔ Taxes ➔ Australia
and take 30% off
2007-03-06 02:26:10 · update #1
WOW.. your question is vague so here goes......
In Australia (which is where this question is posted) the GST is 10% and under the legislation prices must be inclusive of any applicable GST. So if you are buying something that has 30% off then the original price quoted (unless its via an internet site or something) should already include GST so from the buyers perspective it should go as follows....$49 * 70%= $34.30 if for some reason they havent included the GST then it would be (49+10%)= 53.90 less 30% = $37.73. From the retailers perspective (a) the price is GST inclusive (49.00-30%=)$34.30 divide by 11 (GST component) = 3.12 so it would be sales revenue=31.18 GSt=3.12. (b) the price is not GST inclusive then the scenario would be (49+10%=) $53.90 -30%= $37.73 so sales revenue would be 34.40 (10/11th) and GST would be $3.43.
Hope that helps.
2007-03-06 19:50:23 · answer #1 · answered by magpiez 5 · 2⤊ 0⤋
After Social Security, State, Federal, Fuel, Property and Local Sales Tax, minus the 30% it comes to $107.31.
2007-03-06 02:35:35 · answer #2 · answered by Snaglefritz 7 · 0⤊ 2⤋
Hi! If you are talking about Australia it is plus the GST which is 10% so it would be $49 + $4.90 Total $53.90
2007-03-06 09:24:49 · answer #3 · answered by graeme1944 5 · 1⤊ 0⤋
$34.30 is $40 minus 30%. To find the full cost, take $34.30 X 1..06 (insert tax rate for whatever the tax is) i.e. if tax is 6%, take $34.30 X 1.06. = $36.36
2007-03-06 02:37:28 · answer #4 · answered by ra63 6 · 0⤊ 1⤋
You have to know the tax to answer that...
Here, it would be about $41.00
2007-03-06 02:33:29 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Hey dope, what is the tax percentage to charge?
2007-03-06 02:27:43 · answer #6 · answered by Box815 3 · 2⤊ 2⤋
37.13 if ur using an 8.25% tax rate....(Texas)
2007-03-06 02:29:36 · answer #7 · answered by The QUEEN of EVERYTHING! 2 · 0⤊ 1⤋
how much is your tax rate ?????????
2007-03-06 02:28:17 · answer #8 · answered by just me 4 · 1⤊ 1⤋