COM | CGLI | ME | TF | VAT | GAI | ||||||
50.0% | (10%) | 3.6% | (0.72%) | 10% | (2%) | 10% | (2%) | 1.2% | (0.24%) | 25.2% | (5.04%) |
- | 14.4% | (2.88%) | 5.0% | (1%) | 50% | (10%) | 6% | (1.20%) | 24.6% | (4.92%) | |
- | - | 5.0% | (1%) | 65% | (13%) | 7.8% | (1.56%) | 22.2% | (4.44%) | ||
- | - | - | 65% | (13%) | 7.8% | (1.56%) | 27.2% | (5.44%) | |||
- | - | - | 60% | (12%) | 7.2% | (1.20%) | 32.8% | (6.56%) | |||
10% | 3.6 | 4% | 50% | 6% | 26.4% | ||||||
TF edited back to 50% 12/4 2016
Take note that if the CMO is promised a 1% ORC, it cant be taken out of the collection; only outright com as guaranteed can be taken out
Thus if there is outright com for office staff of 3% (15% of the annual collection) only the 15% can be taken out;
Where does the balance of 35% of the 50% go? To the GAI, which is the savings of the company
The insurance which is 18% of the yearly payment or 3.6% of the total shall likewise be deducted from the amount collected
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