157. Multiply by 3, Divide by 23

Accountants, bookkeepers and small-business owners will know that equation by heart: it’s how to calculate the GST component of your gross revenue.

Yes, today is “Happy Bill English Day” when businesses all around New Zealand have to have paid their GST instalments.

For the numerically-challenged (such as Fat Fingers Friday, my inept assistant), here’s some fun maths to get you through the day.


About Ned Davy

By hokey, the big fella’s tipped into his 50s. A rangy loose forward in his prime, good with the ball in hand, but rarely up with the play any more.
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