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GST on $150

Both answers, because "GST on $150" means two different things depending on whether that figure already includes GST.

NZ 15% and AU 10% Add or remove GST Sends straight to an invoice
$
Total including 15% GST
$115.00
Excluding GST$100.00
GST$15.00
Including GST$115.00

How much GST is on $150?

  • If $150 is before GST: GST is $22.50 and the total becomes $172.50.
  • If $150 already includes GST: the GST portion is $19.57 and the price before GST is $130.43.
  • Working: $150.00 × 1.15 = $172.50  ·  $150.00 ÷ 23 × 3 = $19.57

$150, worked both ways

Treating $150 as…GSTEx GSTInc GST
a price before GST$22.50$150.00$172.50
a total that includes GST$19.57$130.43$150.00
an Australian price at 10%$15.00$150.00$165.00

The two NZ rows are the ones people mix up. Charging $22.50 of GST on an invoice whose total is meant to be $150 would leave you $2.93 short once Inland Revenue takes its cut — the GST inside $150 is only $19.57.

The two calculations

× 1.15

Adding GST to a GST-exclusive price.

÷ 23 × 3

Finding the GST already inside a total.

÷ 1.15

Stripping GST out to get the ex-GST price.

Taking 15% of a GST-inclusive figure is the common error — it overstates the GST every time. Full guide, with the registration rules and the $60,000 threshold →