How Do I Calculate GST

How to calculate GST

1. Determine the net price (the price without the GST). Let's make it €40 .
2. Find out the GST rate. ...
3. To calculate the tax amount: multiply the net price by GST rate. ...
4. To determine the gross price: multiply the net price by GST (again, we'd get €4 ) rate and then:
5. Add it to the VAT exclusive price.

GST Calculator - Omni