| Posted By |
Message |
lmavolio
Board Fanatic
Member since 11/05 285 total posts
Wedding Date:
6/30/2006
Wed. Location:
|
Silly Question on Calculating Price Per Head??
Hi All - I should know this, but just want to be sure. When you calculate the price per head including tax & tip....is the tip calculated on top of the base price + tax OR is it calculated on the base price alone....
i.e, if price per head is $100, tax is 8.65% and tip is 18% - is the final price per head $128.20 OR is it 126.25?? Thanks 
|
Posted 1/23/06 10:25 AM 
|
| |
|
Shorty McBride
so done!
Member since 4/05 12783 total posts
Wedding Date:
11/23/2007 5:00 PM
Wed. Location:
Winter Garden Pavilion, Fox Hollow
|
Re: Silly Question on Calculating Price Per Head??
depends - is the hall calling the "tip" a SERVICE CHARGE, or a GRATUITY?
If its a service charge, the 18% is legally taxable.
If its a gratuity, the 18% cannot be taxed.
Just have to read your contract for wording.
|
|
Posted 1/23/06 10:29 AM
|
| |
|
Soon2BeMrsD
FH and Our Lil baby *Mookiee*
Member since 11/05 2058 total posts
Wedding Date:
4/28/2007 12:00 AM
Wed. Location:
Somewhere far away...
|
Re: Silly Question on Calculating Price Per Head??
i believe it should be:
100x18%=18
100x8.35%=8.35
100+18=118+8.35=126.35
TOTAL= 126.35
HOWEVER some places tax the gratuity calling it a service charge so its 100x18%=?x8.35%
ask your hall which way they do it
|
|
Posted 1/23/06 10:30 AM
|
| |
|
LISA6569
Board Fanatic
Member since 12/05 614 total posts
Wedding Date:
1/6/2007 6:30 PM
Wed. Location:
FLORAL TERRACE
|
Re: Silly Question on Calculating Price Per Head??
I WOULD CALCULATE IT $100 X 26.65% = $ 126.65/PER HEAD
|
|
Posted 1/23/06 10:54 AM
|
| |
|
Meaghan729
"I'm Addicted"
Member since 1/06 2457 total posts
Wedding Date:
7/29/2007 3:30 PM
Wed. Location:
|
Re: Silly Question on Calculating Price Per Head??
Posted by LISA6569
I WOULD CALCULATE IT $100 X 26.65% = $ 126.65/PER HEAD
you can't add the rates together if they tax the service charge. This is the calc:
$100*1.18 = $118
then $118*1.0865 = $128.21
That is if your hall taxes the service charge.
|
|
Posted 1/23/06 10:58 AM
|
| |
|
LISA6569
Board Fanatic
Member since 12/05 614 total posts
Wedding Date:
1/6/2007 6:30 PM
Wed. Location:
FLORAL TERRACE
|
Re: Silly Question on Calculating Price Per Head??
Posted by Meaghan729
Posted by LISA6569
I WOULD CALCULATE IT $100 X 26.65% = $ 126.65/PER HEAD
you can't add the rates together if they tax the service charge. This is the calc:
$100*1.18 = $118
then $118*1.0865 = $128.21
That is if your hall taxes the service charge.
HMMMM...MY HALL CALLS IT A GRATUITY AND THIS IS HOW THEY FIGURED IT ON MY CONTRACT. I GUESS IT DEPENDS ON THE WORDING ON THE CONTRACT.
|
|
Posted 1/23/06 11:08 AM
|
| |
|
Meaghan729
"I'm Addicted"
Member since 1/06 2457 total posts
Wedding Date:
7/29/2007 3:30 PM
Wed. Location:
|
Re: Silly Question on Calculating Price Per Head??
If they call it a gratuity - I am pretty sure they can't tax it. If it is called a service charge (which my hall does) then you can. So if you take the pph and then calculate the grat/service charge, then take that amount and calc the tax, then you are taxing the service charge.
I would check with the hall to make sure!
|
|
Posted 1/23/06 11:10 AM
|
| |
|
