GST Calculator Singapore

GST Calculation in Singapore?

In Singapore, the 7% GST is applied to goods and services. With the help of online GST calculator Singapore you can easily calculate your GST amount. Goods and Services Tax in Singapore was introduced on 1st April 1994. A manual way to find GST Inclusive and exclusive is given below

Formula used by online GST Calculator Singapore

Inclusive GST Calculation Singapore

Work backward to find the GST and exclusive amounts from the total GST inclusive price we have to follow some steps

To get the GST part of the GST inclusive amount you need to divide the GST inclusive amount by 107 and multiply by 7

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 107

Example

Lets we have an amount of $500
To get GST inclusive amount these are the simple steps to work out

  • Calculating GST Part
    (500/107)*7=$32.71
  • Net Value
    (500*100)/107=$467.29

GST Exclusive Calculation Singapore

To add the GST amount just multiply the exclusive amount by 0.07

To Add 7% GST

Let’s assume we have GST exclusive amount and we have to calculate the GST inclusive these are the following steps to perform

  • $100 * 7% = $7
  • $100 + $7 GST= GST inclusive

To calculate GST for other countries We have a general calculator to calculate your GST amount.

You can learn more about GST policies at the official site of Singapore.

Example

Lets we have a amount of $200

  • $200+GST
    = $200 * 0.07
    = $14 is GST amount
    = $214 is GST inclusive Amount