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The Standard GST Rate In New Zealand Is 15%. GST Stands For " Good And Services Tax" So Use This Advanced GST Calculator NZ For Your Daily Use. Which Is Mostly Used In Some Countries. While Other Countries Using Value-added Tax. So If You Are From New Zealand Then you Are At The Right Website Because Here Just Need To Enter Your Net Amount Or Total Amount And The GST Rate of 15% Is By Default Taken For You. After Typing Your Amount You Will See Both Two results In Output Your Add GST And Subtract GST Below You Can Copy Your Result By Clicking On the Copy Button. Now We Have Also Put Optional 5% GST Rates In the Result If Someone Want Result In 5% GST Rate The Same Amount that you Add To The 15% GST Rate Will Calculate For 5% Too.
In GST Calculation Adding GST And Subtracting GST Having Its Formula Check Below Example With Formula.
Adding GST Amount: 150000, GST Rate: 15
Your First Step: ((150000 * 15) / 100) = 22500
Your Second Step: 150000 + 22500 = 172500 Total Gross Amount
Subtracting GST Amount: 150000, GST Rate: 15
Your First Step: 100 + 15 = 115
Your Second Step: ((150000$ / 115) * 15) = 19565.22$
Your Final Step: 150000$ - 19565.22$ = 130434.78$ Your Total Gross Amount