GST Calculator

GST Calculator is specially designed and developed for Australian citizens. It will help you to add or remove the GST(%) rate from any amount.

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GST Calculator Australia

GST Calculator Australia

Firstly, let's learn something about Australian GST. It's a vast commerce topic itself. But here we will just discuss the important and basic things related to it.

GST stands for "Goods and Services Tax". It's an official tax applies to the sale of almost all goods and services in Australia. The rate of GST is decided by the Government. It is one type of indirect and comprehensive taxation. Also, it is levied on almost all types of products, goods, and services within the boundary of the nation.

Customers indirectly pay GST when they purchase the items. After that, the seller pays the tax amount to the Government. This is the flow of the Australian taxation process.

GST Rate in Australia

The GST rate in Australia is "10%".

It was implemented on the 1st of July, 2000. It brought a progressive change to the Australian economy and also replaced the wholesale tax system.

Our GST Calculator takes the current rate(10%) automatically during calculation. Therefore, you don't need to enter it manually.

GST for Businesses

GST has implied on the businesses whether it is profit organizations, non-profit organizations, or self-employed individuals.

In Australia, it's necessary to register GST for businesses having gross turnaround about A$75,000 or more. For non-profit organizations, it's A$150,000 per year or more.

Businesses or enterprises include GST on their product selling price. Also, the Australian government allows you to claim tax credits when you buy any GST included goods or services for your business.

How to Calculate Australian GST?

It's very simple to calculate GST manually. There are two possibilities that we need to figure out.

  1. GST Inclusion
  2. GST Exclusion

Now let's take some examples to understand it more deeply.

Example 1: GST exclusive value is $2300. Find out GST.

To add or include GST on $2300, we need to multiply the exclusive amount by "0.1".

GST = $2300 × 0.1 = $230

So,
Net Price = $2300
GST = $230
Gross Price = $2300 + $230 = $2530

Example 2: Find out how much GST included in $4500?

To subtract or exclude GST on $4500, we need to divide the inclusive amount by "11". Also, you can directly get the Net price by dividing the inclusive amount by "1.1".

GST = $4500 / 11 = $409.09

Net Price = $4500 / 1.1 = $4090.91

So,
Gross Price = $4500
GST = $409.09
Net Price = $4500 - $409.09 = $4090.91

Our Calculator follows the same process to calculate the Net, GST, and Gross amount. If the amount is big then it is not convenient to calculate it manually. So, in that situation, you can use our tool to sort out any big figures.

How to use GST Calculator?

Using the Goods and Services Tax Calculator you can quickly and accurately include or exclude GST rate from any price. Let's know how to use it.

Firstly, visit our Online GST Calculator and follow the steps below.

1. Enter the Initial Price

The first step is to enter the initial price that can be GST included or excluded.

Enter the Initial Amount
2. GST Rate

You can see that the second option is to enter the GST rate. By default, it is set to 10%. But you can change it if you want to calculate GST for other countries.

GST Rate
3. Add or Subtract GST

Now you can simply click on the "Add GST" or "Subtract GST" buttons to include/exclude GST(%) in the initial amount.

Add/Subtract GST
4. Get Results

Finally, you will get the Net Price, GST Price, and Gross Price below. Also, you can click "Reset Calculator" to start a new calculation.

Get Results
5. Change Country

In our calculator, there is an option to change the country. Therefore, you can calculate other countries' GST too. It will take the appropriate country's GST percentage(%) rate automatically when you change it.

Change Country

Conclusion

Above all discussion was about the GST Calculator. So, use our tool to figure out the GST rates very fast and easily. It will save you time and effort. Also, it gives 100% accurate results.