Paramaters (service orientated business)

Basic parameters
Day in the year 365
Productive hours per day 8
Public holidays per year 10
Personal holidays 5
Sick days 0
Weekends 104
Superannuation 10%
Tax (cents per dollar) 0.38
Annual Insurance $ 700.00
Inclusion option 2
Inclusion option 4
Inclusion option 4
Contingency percentage 10%
GST (if applicable otherwise 0%) 10%

Project parameters
Estimated hours to complete project 28
Other project cost (e.g. Travel)
Other project cost (e.g. materials)
Other project cost
Other project cost
Other project cost

Perceived income
Desired income $ 55,000.00
Superannuation per year $ 5,500.00
Expected tax $ 10,412.00
Total income to make up $ 71,612.00

Productive days per year 246

Productive hrs per year 1968

Quote
Base hourly rate $ 36.39
Base hourly rate + contingency $ 40.03
Labor per project hrs with contingency $ 1,120.76
Other project cost (e.g. Travel) $ -
Other project cost (e.g. materials) $ -
Other project cost $ -
Other project cost $ -
Other project cost $ -
Total quote (excl GST) $ 1,120.76
Total quote (incl GST) $ 1,232.83
GST $ 112.08
Taxation calculator https://www.ato.gov.au/rates/individual-income-tax
See your income bracket and change parameters accordingly
Tax rate (cents per every dollar) $ 0.38
Tax at bracket $ 3,572.00
Tax rate charged after $ 37,000.00
Difference of dollars to be taxed at rate $ 18,000.00
Tax after tax rate applied $ 6,840.00
Total tax at desired income $ 10,412.00
es/individual-income-tax-rates/
Paramaters (product orientated business)
Basic parameters
Basic product cost per unit
Transport costs per kg (inwards, bulk stock)
Gross profit margin applied (percentage)
Weight of bulk box of item (kg)
Transport costs inward per box
Gross profit margin to be applied
Other cost per box
Other cost per box
Other cost per box
Other cost per box

Cost of sales per unit

Cost of sales per box

Pricing per unit with margin added

Pricing per box with margin added

Expected net profit per unit sale

Expected net profit per box sale
 Shipping weight
$ 0.90 Units in box 30
$ 0.20 Weight per unit (kg) 0.375
50% Box weight (kg) 11.25
11.25
$ 2.25
120%

$ 0.98
$ 29.25

$ 2.15
$ 64.35

$ 1.17
$ 35.10