Sales Tax Calculator

Sales Tax Calculator

This Sales Tax calculator helps you determine the sales tax amount on a given price.

 

The method for calculating sales tax depends on whether the price is tax inclusive or tax exclusive.

Tax Inclusive

If the price is tax inclusive, then the sales tax is already included in the price and you can calculate the tax by dividing the price by the tax rate plus 1.

For example, if the price is $100 and the tax rate is 10%, then the sales tax would be calculated as $100 / (1 + 0.1) = $9.09.

 

Tax Exclusive

If the price is tax exclusive, then the sales tax is not included in the price and you can calculate the tax by multiplying the price by the tax rate.

For example, if the price is $100 and the tax rate is 10%, then the sales tax would be calculated as $100 * 0.1 = $10.

 

In both cases, the final price including tax can be calculated by adding the tax to the price.

For example, in the first case where the tax is $9.09 and the price is $90.91, the final price including tax would be $90.91 + $9.09 = $100.00. In the second case where the tax is $10 and the price is $100, the final price including tax would be $100 + $10 = $110.

Cookie
We care about your data and would love to use cookies to improve your experience.