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GST on $20

Both answers, because "GST on $20" 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 $20?

  • If $20 is before GST: GST is $3.00 and the total becomes $23.00.
  • If $20 already includes GST: the GST portion is $2.61 and the price before GST is $17.39.
  • Working: $20.00 × 1.15 = $23.00  ·  $20.00 ÷ 23 × 3 = $2.61

$20, worked both ways

Treating $20 as…GSTEx GSTInc GST
a price before GST$3.00$20.00$23.00
a total that includes GST$2.61$17.39$20.00
an Australian price at 10%$2.00$20.00$22.00

The two NZ rows are the ones people mix up. Charging $3.00 of GST on an invoice whose total is meant to be $20 would leave you $0.39 short once Inland Revenue takes its cut — the GST inside $20 is only $2.61.

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 →