sales is turnover including VAT&TAX or excluding?thanks in finanicial report?
913990
Excluding VAT but before any profit related taxes which should appear as a seperate item further down the P & L account.
240267
it depend on the following \n1)was it a rental \n2)and was used for your personal residence\n\nif it was a rental the answer is yes it is considered income which is reportable to bothe state and fedral taxes \n\nknow if the property is for personal use and it is your residence and your sold to purchase another home than no but fedral taxes are stil owed unless your new home is valued more than the one you sold in that case you need to consult a tax lawer on them laws
634597
On Target Earnings - not always something to be wary of as most people now put a basic +OTE (i.e guaranteed salary then the OTE amount) so that you know your minimum.  This is due to loads of changes to legislation where salary should not be hidden.  Most "sales" jobs including recruitment advisor get paid by basic that is increased by OTE, just remember it can be a bit cut-throat as you are always trying to get a certain number of sales so you need to enjoy winning and competition (oh and ever changing targets if you perform well they may try to stretch the number of sales so it gets harder).  The best bet, don't be put off but ask lots of questions at interview (or before if there is an option to talk to a manager or recruitment contact)!  Good luck!
535615
The legal answer to your question is YES.  You are required to pay taxes for anything you sell for a PROFIT on ebay.  Many people, myself included, have sold items on ebay for a profit.  You are required to report this as income.\n\nIf you purchased an item for $20 and sell it for $10 on ebay, then no taxes are due.  In fact, you could probably count this as a loss against anything you sold for a gain.\n\nBest of luck, email me with any questions,\n\nJared
137508
http://www.keepmedia.com/pubs/AccountingToday/2004/09/20/583715/?extID=10047&data=principal_residence
802399
There need be no standard form. What is important is that the certificate should show the figures under two heads:-\n\n1. Pay and allowances.\n\n(Under this head, you must show the amounts you are entitled to get, from the employer. And finally, show the Gross Salary figure, which will be the sum total of all the figures.)\n\n2. Deductions.\n\n(under this head, show all the figures of sum that are required to be deducted from your salary, like Income and other taxes to be deducted at source, instalments of loan/advance repayable by you, provident fund contributions by you etc. At the end of the col. you must show the sum total of the deductions.\n At, last, you must show the net salary to be paid to the employee, which is the gross salary minus the total deductions.
1119252
As per [Indian] Income Tax Act, in order to compute capital gains, you have to reduce following from the ACTUAL SALES CONSIDERATION in order to compute capital gains:\n\na) Actual Cost of Purchase (indexed in case applicable)\nb) Actual Costs associated with sales like Brokerage.\n\nPlease note STT will not be reduced for capital gains.
1126064
1)\na) Share of Profit from Partnership company. sec.10(2a) ?\n\n     Correct. Share of profit from a partnership firm is exempt u/s 10(2A)\n\nb) Transaction Tax paid Short term capital gains Sec.111a ?\n\n     Section 111A provides the method of calculation of TAX PAYABLE where total income includes short term capital gain on sale of equity shares / units of equity oriented fund.\n     Such capital gain being taxable @ 10%.\n     \nc) Transaction Tax paid Long Term cap. gains Sec. 10(38) ?\n\n     Section 10(38) provides for exemption for long term capital gain on sale of equity shares / units of equity oriented fund.\n     \nd) Mutual Fund Units Long Term Cap. Gains 10% Tax- Sec.112 ?\n\n     Section 112 provides the method of calculation of TAX PAYABLE where total income includes any income, arising from the transfer of a long term capital asset, which is CHARGEABLE under the head "capital gains".\n    Where such capital asset is a listed share / unit of a mutual fund then tax payable cannot exceed 10% of the capital gain calculated without indexation.\n    NOTE: This section will not apply to transactions covered u/s 10(38).\n\ne) Tax free Shares Dividend. 10(34)\n\n     Correct\n\n2) No you cannot do it.\n\n    Income from such transactions is exempt u/s 10(38).\n    "Exempt" means not included in the calculation of Total Income.\n    "Income" includes "loss". Where income is excluded loss will also be excluded.
233377
it's on the same form.  where it says expense of sale or other.\n\nemail me if you have quesiotns.
190056
Input VAT is the tax you pay on your purchases.\nOutput VAT is the tax you receive on your Sales..
483104
It depends on whom you are selling to.  If you are a retailer or selling on ebay to individuals, then they definitely want to know the final price, i.e. incl VAT.  If you are selling to companies, then most of the time it will be excl. VAT, as the companies would like to know the effect on them, which would be exc. VAT, as they will be able to recover VAT paid.
917064
That depends on how he earnt it. If it was a salary payment or a payment under an employment or self-employment contract to an individual, then generally not. \n\nIf it came from the sale of goods or services which were subject to VAT, then yes, he does. HM Revenue & Customs will be able to advise.
1040413
Enter the account that you use to track discounts you give to customers. You can use either an expense account or an income account. When an income account tracks discounts on sales, the account is often called a "contra-income" account.\n\nSelect the tax code for this item.
482930
If you are purchasing from an unregistered dealer you need to pay tax.\n\nNow the issue is VAT is introduced in most states so the implication can be worked out. If had purchased from a registered dealer you could have availed a set off.\n\nYou may also work out tax implication versus saving you made by purchasing from UR dealer
198975
If u mean sales turnover..then u do not need to calculate it, it is available on the face of the profit and loss account. chk it right away
890134
I've got my own LTD company. First find a good accountant who specialises in small businesses, he will keep you right as to everything you need to do. You need to decide on your company name and check it again the list at Companies House (you can do this on the net). You need to decide whether you wish to register for VAT (if your turnover is above a certain amount you don't have a choice, you must be registered). You will need liability insurance, but again a good accountant will point you in the right direction. Your accountant can also be your company secretary so you don't need a partner. Good luck!
874535
you need to make one correction. "A follow-up sales call would be APPRECIATED". Omit "in most cases".