GST Calculations

From EnablerWiki
Revision as of 08:29, 6 August 2010 by Trevor (talk | contribs) (New page: Created: 6 August 2010. Last Reviewed: 6 August 2010 '''GST Calculations''' It's often useful to have a quick calculation to determine GST content of GST inclusive amounts. The usual...)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

Created: 6 August 2010. Last Reviewed: 6 August 2010


GST Calculations


It's often useful to have a quick calculation to determine GST content of GST inclusive amounts.

The usual rules are:


Australia (10%): GST is 1/11th of total

NZ (12.5%): GST is 1/9th of total

NZ (15%): GST = "total times 3 divided by 23". E.g.. $115 x 3 / 23 = $15.