GST Calculator Australia
How to Calculate GST in Australia?
In Australia, the 10% GST is applied to goods and services. With the help of online GST calculator Australia you can easily calculate your GST amount. Goods and Services Tax in Australia was introduced in July 2000. Australian GST rates vary from product to product. A manual way to find GST Inclusive and exclusive is given below
GST Calculator Australia-(Remove GST from total in Australia)
To get the GST amount from the GST inclusive we have to do some steps
To get the GST part of the GST inclusive amount you need to divide the GST inclusive amount by 110 and multiply by 10
To get GST exclusive amount while knowing GST inclusive value you need to multiply GST inclusive price by 100 and then divide the result by 110
Same steps for 5% GST calculator but some changes are required.
Example
Lets we have an amount of $200
To get GST inclusive amount these are the simple steps to work out
- Calculating GST Part
(200/110)*10=$18.18 - Net Value
(200*100)/110=$181.82
Add GST amount in Australia
To add the GST amount just multiply the exclusive amount by 1.1
To Add 10% GST
Let’s assume we have GST exclusive amount and we have to calculate the GST inclusive these are the following steps to perform
- $200 * 10%
- $200 + $20 GST= GST inclusive
Example
Lets we have a amount of $300
- $300+GST
= $300 * 1.1
= $30 is GST amount
= $330 is GST inclusive Amount