Solved
What is the difference between tax exclusive and tax inclusive?
What is the difference between tax exclusive and tax inclusive?
Tax-exclusive
This refers to the amount of tax paid as a proportion of the pretax value of whatever is taxed.
To calculate how much GST to add, multiply by 0.1.
Tax-inclusive
This refers to the amount of tax paid as a proportion of the after-tax value.
To calculate how much GST is included in a price, Divide by 11.
I hope this helps!
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.