Forum » Doubts and questions » Wrong tax deduction | Date | |
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Username
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I was checking my finances and just found out that the tax amount is not being deducted correctly every time.. Even though the amount is very less but there must be an indication of bigger glitch.. Date...... | Deduc | Sale Value |Tax @5% |Difference 24-Jun-11 | 229,345 | 4,586,900 |229,345 |- 27-Jun-11 |769,737 |15,000,000 |750,000 |19,737 27-Jun-11 | 505,635 |10,107,000 |505,350 |285 30-Jun-11 | 510,732 |10,203,700 |510,185 |547 16-Jul-11 | 327,293 | 6,545,860 |327,293 |- 15-Aug-11 | 800,322 |15,552,000 |777,600 |22,722 Total | 3,143,064 |61,995,460 |43,291 Edited by bluegene 24-08-2011 11:41 |
24/08/2011 11:32 |
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Username
3363 msgs.
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I think your tax % is linked to the interest % at the bank when you take a loan or make a deposit, so sometimes its not quite 5%, it may be 5.1 or even higher. Could be wrong tho. | 24/08/2011 13:07 |
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Username
4820 msgs.
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I don't think that is linked with bank interest as on 27 June itself there is a difference in % of deduction.. | 24/08/2011 13:16 |
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Username
3363 msgs.
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maybe the interest changed during that day, but you right, I could be wrong. | 24/08/2011 13:37 |
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Username
4820 msgs.
Best scorer
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Again the player I bought, I have to pay $650,811 as tax when the player was bought for $12,825,500. It's Also more than 5%. | 24/08/2011 15:04 |
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4820 msgs.
Best scorer
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Bump | 27/08/2011 17:55 |
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Username
48 msgs.
Child's coach
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I've wondered why the interest rate at the deposits seems to be less than the 5% it claims. I'm quite confused as it specifies these percentages without giving the time scale in which this rates ought to be achieved. | 28/08/2011 15:03 |
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Username
530 msgs.
MVP of the game
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^over a period of one season | 28/08/2011 15:08 |
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Username
48 msgs.
Child's coach
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ah thanks, that really is a tiny interest rate then, barely worth depositing anything. | 28/08/2011 15:10 |
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Username
1848 msgs.
International
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On the help page it says 'about 5%', so its not guaranteed to be 5% all the time. From the data you have supplied it looks like anything under 10M is at 5% and anything over 10M is higher. | 28/08/2011 15:11 |
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