Enter your annual fee, fee frequency, and tax rate into the calculator to determine your net fee.
Goat Fee Calculation Formula
The following formula is used to calculate the net fee from your fee.
Net Fee = Gross Fee * (1 - Tax Rate / 100)
Variables:
- Net Fee is the net amount you receive ($)
- Gross Fee is your fee before deductions ($)
- Tax Rate is the percentage of tax deducted from your fee (%)
To calculate the net fee, multiply the gross fee by the tax rate and subtract the result from the gross fee.