thread: estimate- before or after tax?

  1. #1
    Registered User

    Sep 2006
    Beaudesert, QLD
    1,169

    estimate- before or after tax?

    Hey

    sorry this has probably been asked a thousand times

    just want to know with estimating our income for the year

    is it before tax or after tax that i am suppose to estimate on??
    do we add up what we take home in the hand every week or add up what we get before tax is taken out??

    thanks heaps xxx

  2. #2
    Registered User

    Feb 2009
    2,031

    its before tax or Gross amount.

    It seems odd because you don't actually have the tax in your hand at any time, but its something you have to pay like rent or electricity so you still earned that money and paid a bill with it, iyswim.

  3. #3
    Registered User

    Dec 2006
    In my own private paradise
    15,272

    before tax is taken out hun

  4. #4
    Registered User

    Sep 2006
    Beaudesert, QLD
    1,169

    excellent, thanks for the quick replies xxx