Commission Formula:
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The commission calculation determines the amount earned by an immigration service provider based on the service fee charged and the agreed commission rate. This is commonly used in NZ immigration consultancy services.
The calculator uses the commission formula:
Where:
Explanation: The calculation multiplies the service fee by the commission rate percentage (divided by 100 to convert from percentage to decimal).
Details: Accurate commission calculation ensures fair compensation for service providers and transparent financial arrangements in immigration services.
Tips: Enter the total service fee in NZD and the commission rate as a percentage (e.g., enter 15 for 15%). Both values must be positive numbers.
Q1: What is a typical commission rate for NZ immigration services?
A: Commission rates typically range between 10-30% depending on the service provider agreement and service complexity.
Q2: Is GST included in this calculation?
A: This calculator doesn't account for GST. The service fee should be either GST-inclusive or GST-exclusive based on your agreement.
Q3: Can this be used for other types of commission calculations?
A: Yes, this basic formula works for any commission calculation where payment is a percentage of the service fee.
Q4: How often are commissions typically paid?
A: Payment frequency varies by agreement - commonly monthly, upon service completion, or at specific milestones.
Q5: Are there any caps on commission amounts?
A: Some agreements may have maximum commission caps, which would require additional calculation steps not included here.