tax amount

[hybris]

hi, maybe i have troubles with tax calculation.
i understand if you have earnings in a
month, you pay the tax on that amount the
month after. Then when the year ends, you can get back some money, if there s a difference between what you had to give and what you gave.

i never had troubles, but since many months the amount the tax im paying every month is the 66% of what i earned in the previous month (instead 33%).

[Sanabas]

The difference is because of loan payments. If you make 9 million in a month, but paid 3 million off your loans, your profit for tax purposes is 12 million, which means 4 million in tax. It looks like 44% (4 million tax on 9 million apparent profit), but it is actually 33%.

Same thing is happening for you, your loan payments for the month must have been almost the same as your profit.

[hybris]

Thank you Sanabas, it should be that