A $100,000 job contracted with a manufacturing partner located in New Hampshire costs you $100,000. Not $103,000. Not $108,000. $100,000.
At this point in our company’s existence, you’ve either heard about the “MuShield Advantage” or you’ve experienced it firsthand as one of our valued customers. We’ve been advancing the magnetic shielding and general manufacturing industry for 30 years now (where has the time gone!) and we’re not stopping anytime soon!
From our inhouse engineers and tool making capabilities, small to large job handling, custom to contract orders, to our technologically savvy machining equipment and loyal operating personnel, MuShield has been a trusted partner to many for decades. But is there a tax free benefit to working with us?
Today, we want to briefly mention another money saving opportunity that exists when you contract your job with us. Sure, every company uses the “money saving” line as a working piece of their marketing. We’re not here to reinvent the wheel. So let’s throw a very real, very transparent money savings opportunity on the table here… MuShield is located in the good old Granite State: New Hampshire. What that means to you as a purchasing party is New Hampshire is one of the very few states that exists in the country that has zero sales tax. Zero. Zilch. Nada.
The Quick Numbers
90% of the states in this great country of ours have instilled a sales tax that ranges anywhere from 3-8%. What that means is, when you’re placing your order, you’re getting hit with that tax ON TOP of the cost of the contracted job.
Let’s put some real numbers to it:
Say your job costs a nice round $100,000.
The low end of the tax scale tacks an extra 3% on to your cost which makes for an additional $3,000.
The high end of the tax scale nets you an extra 8% to the invoice (quick math – an additional $8,000).
That’s not chump change. Tax free makes a difference.