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they should
it really depends on who is financing it. and that percentage should have been determined when you asked someone to help you pay for and start up your business.
what percentage of tax do I pay on 125,000?
Up until 1983, all players were supplied caddies by Augusta National. From 1983 they were allowed to bring their own. They are the caddies who would caddy for the players on a week to week basis on tour.
To calculate the percentage of a raise: Determine the difference between your new pay rate and your old: New (higher) pay rate - Old (lower) pay rate = Difference Then divide the difference by your old rate and multiply by 100 to get the percentage. (Difference/Old pay rate) * 100 = Percentage of raise
The amount is not a straight percentage. Gross pay is the amount you are paid before any tax withholding. Net pay is the amount you take home after taxes are withheld from your paycheck.
Net pay = gross pay - deductions. Or in percentages: Net pay = gross pay x (1 - percentage of deductions / 100) If you have any two of these, you can solve the third. For example, in the last formula: gross pay = net pay / (1 - percentage of deductions / 100)
If you have money in the bank you get a certain percentage interest. If you borrow money you have to pay a certain percentage extra back. If you buy a product a percentage of the price is tax. When you earn money you pay a percentage in tax. The government knows what percentage of the population are unemployed.
28.9376%
75%
47%
Coinsurance