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a tax question....kind of!!!

 
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goingcrazy
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PostPosted: Thu Jul 03, 2008 1:25 pm    Post subject: a tax question....kind of!!! Reply with quote

eeekkk help, which is which net & gross?????

cant remember which is before tax!!!!! having a stress because i may have estimated wrong to centrelink Rolling Eyes



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mumof3
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PostPosted: Thu Jul 03, 2008 1:34 pm    Post subject: Reply with quote

Gross is before tax Very Happy



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kazy
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PostPosted: Thu Jul 03, 2008 1:35 pm    Post subject: Reply with quote

nett
adjective
1. remaining after all deductions


gross
adjective
1. without deductions; total, as the amount of sales, salary, profit, etc., before taking deductions for expenses, taxes, or the like (opposed to net): gross earnings; gross sales.


cool



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littlegoat
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PostPosted: Thu Jul 03, 2008 1:49 pm    Post subject: Reply with quote

Yep, what they said.



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goingcrazy
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PostPosted: Thu Jul 03, 2008 2:00 pm    Post subject: Reply with quote

oh thank god!!!!

micks group cert said gross is X amount & then another column has tax with held is Y amount & if i added them together it was way over what i estimated!!!!



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