What is GST?
Goods and services tax, often known as GST, is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia. GST applies to most Australian businesses.
How do you calculate GST in Australia?
GST is calculated at a rate of 10%.
To calculate how much GST was included in the total price, you can divide the total by 11. E.g.
$2,530.00 / 11 = $230.00
To calculate the price excluding GST, you can divide the total by 1.1. E.g.
$2,530.00 / 1.1 = $2,300.00
To add GST to the price, you can multiply the total by 1.1. E.g.
$2,300.00 x 1.1 = $2,530.00