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<blockquote data-quote="Doc Hudson" data-source="post: 394063" data-attributes="member: 1607"><p>Strictly speaking tax is not an overhead as overheads are the costs of producing or providing your goods and servies. But as a self employeed person when trying to budget and cost your work against how much you need to earn to cover your basic living costs then Tax is a signiicant figure that needs to be included in the calculation. As has been said already the average employed person basis thier family budget on take-home after tax, not gross salary. </p><p></p><p>from, <a href="http://www.shell-livewire.org/home/business-library/accounts-and-finance/financial-forecasting-and-planning/costing-and-pricing/" target="_blank">http://www.shell-livewire.org/home/business-library/accounts-and-finance/financial-forecasting-and-planning/costing-and-pricing/</a></p><p></p><p>Doc H.</p></blockquote><p></p>
[QUOTE="Doc Hudson, post: 394063, member: 1607"] Strictly speaking tax is not an overhead as overheads are the costs of producing or providing your goods and servies. But as a self employeed person when trying to budget and cost your work against how much you need to earn to cover your basic living costs then Tax is a signiicant figure that needs to be included in the calculation. As has been said already the average employed person basis thier family budget on take-home after tax, not gross salary. from, [URL="http://www.shell-livewire.org/home/business-library/accounts-and-finance/financial-forecasting-and-planning/costing-and-pricing/"]http://www.shell-livewire.org/home/business-library/accounts-and-finance/financial-forecasting-and-planning/costing-and-pricing/[/URL] Doc H. [/QUOTE]
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