Sales Tax Calculator
Complete tax solver: Forward & reverse tax extractor across 40+ countries, dual-tier intra/inter state splits, and post-tax net profit & margin solver.
Handles dual-tier tax systems where transactions are split between Central and State governments (e.g. India CGST+SGST vs IGST, Canada GST+PST, or US State+County).
| Component | Rate % | Tax Amount | Status |
|---|---|---|---|
| TOTAL INVOICE GROSS: | $5,900.00 | ||
Calculates your true post-tax take-home margin after factoring in consumer sales tax/VAT and Cost of Goods Sold (COGS).
Calculates estimated US Self-Employment Tax (SECA 15.3%), federal income brackets, quarterly estimated vouchers (Form 1040-ES), and compares contractor net take-home against an equivalent W-2 employee salary.
💡 Frequently Asked Questions — VAT & GST Tax Calculation
How do I calculate tax-inclusive vs. tax-exclusive prices?
To add tax (tax-exclusive): Multiply net amount by tax rate percentage (Tax = Net × Rate / 100), then add to net. To extract reverse tax (tax-inclusive): Divide gross total by (1 + Rate / 100) to find the net price, then subtract net from gross to isolate the tax component.
How do CGST and SGST splits work in Indian GST?
For intra-state sales within the same state, GST is split equally 50/50 between Central GST (CGST) and State GST (SGST). For example, on an 18% GST item, 9% is CGST and 9% is SGST. For inter-state sales (between different states or exports), 100% is levied as Integrated GST (IGST).
How is post-tax true profit margin calculated?
Gross retail revenue does not equal profit because VAT/GST must be remitted to the government. True profit deducts tax liabilities, cost of goods sold (COGS), and payment processor fees: True Net Profit = Net Revenue - COGS - Gateway Fees.
Can I generate GST & VAT compliant invoices directly from this calculation?
Yes! Click the Create Invoice with Tax button or open BillMaster97 to generate A4 tax invoices and 58mm/80mm thermal receipts with auto-calculated GST splits, QR payment codes, and instant WhatsApp PDF sharing.