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GST on $750

Both answers, because "GST on $750" 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 $750?

  • If $750 is before GST: GST is $112.50 and the total becomes $862.50.
  • If $750 already includes GST: the GST portion is $97.83 and the price before GST is $652.17.
  • Working: $750.00 × 1.15 = $862.50  ·  $750.00 ÷ 23 × 3 = $97.83

$750, worked both ways

Treating $750 as…GSTEx GSTInc GST
a price before GST$112.50$750.00$862.50
a total that includes GST$97.83$652.17$750.00
an Australian price at 10%$75.00$750.00$825.00

The two NZ rows are the ones people mix up. Charging $112.50 of GST on an invoice whose total is meant to be $750 would leave you $14.67 short once Inland Revenue takes its cut — the GST inside $750 is only $97.83.

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 →