TD means "To Date" Total gross pay to date means the amount you have been paid during the tax year before deductions for tax.
Gross of tax may mean that the price stated includes the tax portion.
The amount will not have tax deducted. i.e for a child under 16 the account should be gross not net.HTH
Gross pay is your pay before social security, Medicare, and withholding is taken out. Year-to-date gross pay would be the amount of money you made from January 1st to now, before any tax or withholding is taken out.
Sales Tax / Sales Tax Rate = Gross Sale
TD means "To Date" Total gross pay to date means the amount you have been paid during the tax year before deductions for tax.
Gross of tax may mean that the price stated includes the tax portion.
The amount will not have tax deducted. i.e for a child under 16 the account should be gross not net.HTH
Gross pay is your pay before social security, Medicare, and withholding is taken out. Year-to-date gross pay would be the amount of money you made from January 1st to now, before any tax or withholding is taken out.
Gross receipts tax = GRT in USA
Sales Tax / Sales Tax Rate = Gross Sale
this is your FULL monthly income before tax withdrawal.
No. tax is deducted from gross sales neither is it deducted from gross profit.
If I understand your question correctly you know what the Gross Receipts are and need to calculate the sales tax that is included. If that is the case this is how to do it. Gross Receipts - Gross Receipts divided by (1+ Tax Rate) if your tax rate is 5% and your gross receipts including tax are $1,050.00, divide $1,050.00 by 1.05. The result is your net receipts without tax. $1000.00 . Then $1050.00 -$1000.00 = $50.00 the sales tax
gross sales tax is the tax you pay on total receipts/sales. basically you can't deduct any expenses before you pay the tax.
gross
Toronto Dominion Bank