Australian GST calculator

Price

Please follow Australian Taxation Office website that explains in more detail about how the goods and services tax (GST) works.

How to Calculate GST manually?

  • To calculate how much GST to add – Multiply by 0.1
  •  To calculate how much the price was before GST – Divide by 1.1
  • To add GST to arrive at a total price – Multiply by 1.1
  • To calculate how much GST is included in a price – Divide by 11

Need help lodging your BAS or GST Return?

Contact Accurate Business & Accounting Services. Most trusted tax agent for BAS submission and GST return
GST

What is a Low Income Super Tax Offset?

What is the amount I will receive under LISTO? The maximum offset an individual can receive is $500. The amount you get is calculated based on your taxable income and contributions made to your super fund. On the other hand, the minimum amount is $10. In the event that the amount due is less than

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Private Health Insurance Cover & Your Tax Return

How to Get the Private Health Insurance Cover Tax Return? If you want to receive the tax offset, you will need to file a tax return. The process is relatively simple and can be done online. You will need to provide your health insurance policy number as well as your income details. It is important

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Foreign Residents and Capital Gains Tax

Foreigners Are Not Eligible for the Main Residence Exemption In Australia, capital gains tax is applicable for all individuals who sell properties that are not their main residence. However, there are exemptions for Australian permanent residents and foreigners with a secondary residence in the country. Australian permanent residents can qualify for a full exemption from

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Investment Property Tax Tips in Australia

Bonus Tips: Prepayment of next year’s interest in advance to tax advantage. Many tax payers miss out on claiming mortgage insurance paid on loan with more than 80% LVR. It is classified as borrowing expenses. This is sometimes a substantial amount. An average mortgage insurance on a $750,000 loan can range from $5000 to $15000.

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