Calculating Remittance, we pay the Government GST (5%) on commission NOT HST (13%)
ie. if we make a commission of $239 on a product, we also have to calculate the GST on the commission:   $239 x 5% = $11.95

Remember these "golden rules":
* Bookings made outside 45 days only require deposit payment at time of booking
* Bookings made inside 45 days must be paid in full at time of booking
* Commission is calculated on everything EXCEPT taxes

 

 

  
 

General Information: deposit $250 per person, agency commission 15% 1. Booking made today for travel May 1-8, 2024, client paying with visa Adult rate Taxes $1759 x 2 $ 214 x 2 a) How much will be charged at time of booking? b) How much will be charged at time of final payment? c) How much is the agency commission? d) How much will the agency receive by cheque from the tour operator? 2. Booking made today for travel March 1, 2024, client paying with debit card Adult rate $999 x 2 Child rate $399 x 1 Taxes $320 x 3 a) How much does the client pay at time of booking? b) How much will the agency send to the tour operator by cheque?