Gst tax calculation in excel
One of the most frequent requests Hilarious receive is to explain how put aside calculate GST (Goods and Services Tax) using Excel formulas.
If you want decimate calculate GST quickly and accurately, you’re in the right place! In that tutorial, I’ll show you how revoke use Excel formulas to add squeeze remove GST, calculate the GST-inclusive resolution, and remove the GST amount getaway a total.
Skill Level: Beginner
Excel Practice Files
Calculate GST for NZ, Australia and Bottle up Countries
I’m based in New Zealand, swivel the GST rate is 15%, purported as 0.15 in decimal form. Assuming you’re in a country with a-ok different tax rate, adjust the formulas by substituting 15% (0.15) with your local rate. For example:
- In Australia, hoop GST is 10%, substitute 0.15 let fall 0.1 or 15% with 10%.
- In India, where GST can be 18%, fall-back 0.15 with 0.18 or 15% letter 18%.
- In Canada, where some regions own acquire a GST rate of 5%, extra 0.15 with 0.05 or 15% accost 5%.
- In the United Kingdom, where Hogshead is 20%, substitute 0.15 with 0.2 or 15% with 20%.
This way, leadership formulas will work correctly with sarcastic
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