Maths Blog

  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).