EXPLANATION OF TITHES
COMPUTATIONS
Leviticus 27:31 And if a man will at all redeem ought of his tithes, he shall add thereto the fifth part thereof.
Leviticus 27:13 But if he will at all redeem it (His TITHES), then he shall add a fifth (20%)
part thereof (of his Tithes) unto thy
estimation.
|
REDEEM, 1. to regain, keep, take back |
|
FIFTH, 1. one of 5 equal parts of something |
|
THEREOF
1.
of it or that, 2. from that |
|
TITHES
= 10% (a tenth) of your increase (Your
Net Income) |
|
A FIFTH =
20% of your Tithes |
Example: If your increase (Net income) is $100.00 your Tithes (a
tenth=10%) would be $10.00 If you
redeem your Tithes you are to add a fifth (20%) of your Tithes {not your Net Income} to it.
Let's do the
MATH:
(Net Income) (A Tenth) (Tithes)
$100.00 X 10% = $10.00
(Tithes) (A
Fifth) (Interest)
$10.00 X 20% = $ 2.00
|
YOUR TOTAL TITHES WOULD
BE $12.00 |
Ø
Another
way to calculate your Tithes if you redeem them is to multiply your
NET Income by 12% and that is what you owe including
interest.
Example: If your Net is $100.00:
multiply it by 12%. $100.00 X 12% = $12.00
We
hope this helps you to calculate your tithes correctly,
The IOG Research Committee