For example: on a standard 30-year fixed-rate mortgage, the monthly payment on a $200,000 loan would be $955 for a 4% mortgage versus $1074 for a 5% mortgage. Thatâs a monthly difference of $119. You might think that low rates encourage people to buy homes, but itâs not quite that simple.
If your payroll expenditures fall within 15-30% of gross revenue, your business is in a safe zone. Businesses that live within this range tend to be most successful, at least from a payroll perspective.f your percentage falls above 30%, in the red zone, itâs time to come up with a new strategy immediately. Maintaining a payroll that falls above 30% of your gross revenue is one of the most common reasons for a business to fail. Identify it first and then we can fix it.
These payroll taxes are an added expense over and above the expense of an employee's gross pay. The employer portion of payroll taxes includes the following: Social Security taxes (6.2 percent up to the annual maximum) Medicare taxes (1.45 percent of wages) Federal unemployment taxes (FUTA) State unemployment taxes (SUTA)