Sales Tax Calculator

Sales taxes are based on a percentage of the selling price of a product or service. Each country has its own rules and regulations regarding sales taxes and may refer to it using different names such as GST (goods and services tax) or VAT (value added tax). This sales tax calculator can be used to calculate the sales tax amount, sales tax rate, net amount or gross amount by entering any two of these value.

If you need further information on the calculation of sales taxes, this is more fully discussed in our sales taxes in accounting tutorial.

sales tax calculator v 1.0
Sales Tax Calculator Preview


The Excel sales tax calculator available for download below, is in fact six calculators in one. Depending on whether the sales tax rate, net amount, sales tax amount, or gross amount are known, by choosing the appropriate calculator, and entering two of the values, the sales tax calculator will work out the remaining two unknown amounts.

To use the calculator enter the details as follows:

Choose a Calculator

Decide which of the two values from sales tax rate, net amount, sales tax amount, or gross amount are known and choose the appropriate calculator. In each of the calculators, the term net refers to the amount excluding sales tax, and the term gross refers to the amount including sales tax. The calculators function independently of each other.

1. Calculate Tax and Gross Amount

Enter the tax rate percentage and the net amount. The sales tax calculator calculates the tax amount and the gross amount.

2. Calculate Tax and Net Amount

Enter the tax rate percentage and the gross amount. The tax calculator calculates the net amount and the tax amount.

3. Calculate Tax Rate and Net Amount

Enter sales tax amount and gross amount. The sales tax calculator calculates the sales tax rate percentage and the net amount.

4. Calculate Tax Rate and Gross Amount

Enter net amount and sales tax amount. The tax calculator calculates the sales tax rate percentage and the gross amount.

5. Calculate Tax and Tax Rate

Enter net amount and gross amount. The sales tax calculator calculates the sales tax rate percentage and the tax amount.

6. Calculate Net and Gross Amount

Enter the sales tax rate percenatge and tax amount. The sales tax calculator calculates the net amount and the gross amount.

Sales Tax Calculator Download

The sales tax calculator spreadsheet is available for download in Excel format by following the link below.

The sales tax calculator is one of many financial calculators used in bookkeeping and accounting, discover another at the links below.

Notes and major health warnings
Users use this sales tax calculator at their own risk. We make no warranty or representation as to its accuracy and we are covered by the terms of our legal disclaimer, which you are deemed to have read. This is an example of a sales tax converter that you might use when considering how to determine sales tax. It is purely illustrative. This is not intended to reflect general standards or targets for any particular business, company or sector. If you do spot a mistake in this sales tax rate calculator, please let us know and we will try to fix it.
Sales Tax Calculator November 6th, 2016Team

You May Also Like

Related pages

mortgage payable balance sheetpresent value of an annuity due of 1 tablelifo examplescalculate accounts receivable turnover ratiounclassified balance sheetallocating manufacturing overhead costs is donehow to compute total manufacturing costaccounting verifiabilitystraight line amortization of bond discountlifo vs fifo inventorynon profit balance sheet template excelmarkup on sales formulabookkeeping forms pdfstraight line depreciation templatebookkeeping test questions and answershow to perform vertical analysisaccumulated depreciation appears on thepetty cash balance sheetaccounting concepts principles and conventionsexample of accounting cycleword voucher templateperiodic inventory system and perpetual inventory systemunrealized gains and losses balance sheetstraight line depreciation method calculatorrecording bad debtsending finished goods inventorytransactional analysis in businesswhat is the lifo methodlabor efficiency variance formulapresent value growing annuitystraight line depreciation templatepresent value of annuity due of 1 tableadvances from customers journal entryprojected income statement template excelcalculate irr in excelnpv excellsample petty cash voucher templatefob terms shippingfinancial accounting practice exerciseslifo vs fifo inventorywhat is accounting equationoutstanding cheques in bank reconciliationgearing calculation formulacalculate inventory turnover ratiocalculating debtor daysledger sheet printable freenet asset turnover ratioprepaid rental incomemarkup on selling price calculatorhow to calculate net realizable valuedu pont identity formulaformula for capacity planningwhat is the quick ratio formulaaccounting cash receipts journaleom invoicehow to calculate interest rate in excelbookeeping teststock turnover ratio exampleamortization calculation excelwhat is debtors control accountsalvage value and depreciationadjusting journal entry for bad debt expensedouble entry for accrualsactual normal and standard costingexample of general ledger entries for accountinghow to figure out lease paymentstotal asset turnover ratio calculatorcalculate the price of a zero coupon bonddouble declining amortizationaccounting double entry cheat sheettrade payable ratioexamples of accrued expensesstraight line method bond amortizationnote payable definition in accountingjournal debit creditdebits and credits in accounting