This week in maths I have learn't about the two types of tax: income tax and GST( good and services tax)
Income tax:
(___ )/ 100 x (____) = ----
The amount you are paid by your employer is your gross pay. The amount you actually get after income tax is paid is, called your net pay.
GST:
There are two types of GST. GST-exclusive ( what the retailer gets) and GST-inclusive ( what the customer pays).
Hello Ate Louise! Thank you for providing a very insightful blog about GST. It had provided a lot of information and you had explained this well. I also love how you added a diagram to further show your learning. All the best!
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