- Amount excluding GST
- $100.00
- GST at 15%
- $15.00
- Total including GST
- $115.00
Are you over the registration threshold?
Enter your typical turnover and we will annualise it. Remember this is turnover, not profit, and the real test is any rolling twelve months.
How the maths works
New Zealand GST is 15%. To add GST, multiply by 1.15. To remove GST from a total, divide by 1.15, not multiply by 0.85, which is the most common error in small business bookkeeping.
A quick sanity check: the GST portion of a GST-inclusive total is always the total divided by 23, multiplied by 3.
Invoices need a name on them
Sending from your own domain gets invoices processed instead of queried. Check what is free: