How do you work out the GST?
How do you work out the GST?.
http://glowips.in/tally_rental.php
Multiply the full GST inclusive price by 3 then divide that result by 23. The end result will be the GST amount. The above formula is the Inland Revenue recommended method of calculating the GST content of a GST inclusive amount. Goods & Services Tax in New Zealand changed from 12.5% to 15% on 1 October 2010.
http://glowips.in/tally_rental.php
Multiply the full GST inclusive price by 3 then divide that result by 23. The end result will be the GST amount. The above formula is the Inland Revenue recommended method of calculating the GST content of a GST inclusive amount. Goods & Services Tax in New Zealand changed from 12.5% to 15% on 1 October 2010.
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