To determine the amount of the wraparound mortgage, deduct your down payment from the purchase price. |
For instance, in a wave of eight players, the first person to sink their ball would deduct seven strokes from their score. |
You can deduct the actual amount of your sales taxes, which means holding on to sales receipts in case of an audit. |
The payer must deduct standard rate income tax and remit it to the Revenue. |
The tenant or local agent is obliged to deduct 25 per cent withholding tax from rental income and send it to the tax office. |
You simply deduct the amount from your income on your tax return and, added bonus, it's at your highest rate of tax. |