How to Calculate 15% GST?
15% GST Calculator
Manual way to Calculate 15% GST
The easiest way to solve the 15% GST manually. This GST tax rate is also used in New Zealand. A manual way to find GST Inclusive and exclusive is given below
Remove 15% GST
To get the GST amount from the GST inclusive we have to do some step
To get the GST part of the GST inclusive amount you need to divide the GST inclusive amount by 115 and multiply by 15
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 115
Example
Lets we have an amount of $5400
To get GST inclusive amount these are the simple steps to work out
- Calculating GST Part
(5400/115)*15=$704.35 - Net Value
(5400*100)/115=$4695.62
Add 15% GST
To add the GST amount just multiply the exclusive amount by 1.15
To Add 15% GST
Let’s assume we have GST exclusive amount and we have to calculate the GST inclusive these are the following steps to perform
- $3100 * 15%
- $3100 + $465 GST= GST inclusive
Example
Lets we have a amount of $8200
- $8200+GST
= $8200 * 1.15
= $1230 is GST amount
= $9430 is GST inclusive Amount
