Tuesday, August 31, 2010
Tuis in the Botanic Gardens
I think this last picture is a young bird, with much lighter colours. David has much better pictures on his blog.
Friday, August 13, 2010
Calculating GST after 1st October
We have had it really easy, current GST is 12.5% = 1/8. Add GST to $80 and you have $90. Divide by 9 and you get the $10 GST component. You can also multiply the $90 by 0.8888888 to get the $80 GST-free part but only geeks do that.
From 1 October it's going to be 15%. Your $80 x 1.15 = $92.
You can't divide by any whole number to get the $12 GST component. Divide by 7.6666667 to get the $12 GST component. Multiply the $92 by 0.8695652 to get the original $80 GST-free part, or divide by 1.15.
From 1 October it's going to be 15%. Your $80 x 1.15 = $92.
You can't divide by any whole number to get the $12 GST component. Divide by 7.6666667 to get the $12 GST component. Multiply the $92 by 0.8695652 to get the original $80 GST-free part, or divide by 1.15.
