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20 Sep 2022, 20:24 GMT+10
The Federal Government levies a multi-stage sales tax of 10% on the supply of most goods and services by entities registered for Goods and Services Tax (GST). This tax system was introduced in Australia on 1 July 2000 by the then Howard Liberal government. To calculate GST their is one of the best GST calculator australia availbe on local aussie wrbsite. A number of supplies are GST-free (eg, many basic foodstuffs, medical and educational services, exports), input-taxed (residential accommodation, financial services, etc), exempt (Government charges) or outside the scope of GST.
The revenue from this tax is distributed to the States.
State governments do not levy any sales taxes though they do impose stamp duties on a range of transactions.
In summary, the GST rate of 10% will be charged on most goods and services consumed in Australia. If you are registered for GST, you need to include GST in the price you charge your customers for goods and services they purchase from you (called sales). However, you will be able to claim a credit for the GST you have paid on your business expenses and other inputs (called a GST credit). You have to pay the difference between GST charged on sales and GST credits to the Tax Office periodically.
There are two types of sales which will be treated differently:
While all analysts are in agreement that Nio's stock price will rise in the short term, how much it will rise by is up for debate. The most optimistic Nio stock price forecasts see its shares trading at above $80 and more conservative forecasts see an increase towards $40. Below is a summary of predictions for the next two years.
Nio's stock could reach $66 in 2022, if it grows by 134% over the year. Taking an average growth estimate from 12 of the most recent forecasts gives us that figure. The $66 prediction is just short of the company's all-time high hit in early 2021. Not every analyst is expecting such a big rise, Eunice Lee from Sanford Bernstein has a target of $45 for the year.
Using the same 134% growth estimate, would see $154 by 2023. Not many analysts have given forecasts for 2023. However, the majority of experts predict 2023 to be a pivotal year for Nio, as it is expected the company will start to make profits by then.
Most analysts don't provide long term forecasts and that's especially the case for newer companies such as Nio. However some have and below we've included a brief summary of predictions for the rest of the decade. It's important to note that longer term forecasts are more speculative in nature.
There are a range of forecasts between $120 - $170 by the end of 2024. Nio should continue from 2023, where it starts making profit, and its bullish momentum is expected to continue in the the future.
Nio stock forecast 2025 share price is expected to be between $170 - $200. Some analysts suggest the company will have increased its revenues by 400% between 2021 and 2025, from $5bn to more than $22bn, putting Nio in a strong position.
Extremely bullish targets have the price at over $500 by 2030, although its key to remember a lot of factors can impact the business going forward. There are a broad range of predictions as to where Nio's stock price will be at the turn of the decade.
There are strong possibilities that the crypto market is about to enter a new age. Many cryptos can hit their all-time record-breaking new highs in 2030, as well as Mana coin. There is a chance that the maximum price level of MANA coin price prediction 2030 can be around $35.63. By 2030, the year can end with an average price of $32.25 with a minimum price level of $29.21. If investors are attracted to this Metaverse project, the Mana prices can be much higher than our Mana coin price forecast.
As per our long-term Decentralnd price forecast, their prices can hit a new ATH level this year. In 2040, we may expect an average price of Mana Coin at $94.76 depending on the market trend. Our maximum price prediction for Mana is $108.31 in 2040. If the market gets bullish, Mana Coin may surge more than our price forecast in 2040. While the minimum price level of Mana Coin can be around $86.13 if the market gets bearish.
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