Calculate sales tax, final price, reverse tax value, and profit margin.
Sales-Tax Details
The base price before tax.GST, VAT, or sales tax rate.Portion of price exempt from tax.Use when total price already includes tax.Useful for sellers and resellers.
Calculate to view summary.
How Sales Tax Is Calculated
Sales tax is applied to the taxable portion of a product or service.
Formula:
Tax = Taxable Amount × Tax Rate
Total Price = Base Price + Tax
Reverse tax helps extract base price from a tax-inclusive amount.
What is reverse tax? It calculates base price from tax-inclusive total.
Is non-taxable amount common? Yes, in mixed-tax invoices.
Is profit margin calculated on tax? No, it is calculated on final price.
