Although it’s a simple calculation, you don’t need to use the GST formula if you don’t want to. There are many free AUS GST calculators online that you can use – try this one provided by Moneysmart.gov.au. We can help GoCardless helps you automate payment collection, cutting down...
Visibility of tax: Normally, GST is stated explicitly on invoices and receipts, making the tax component clear to customers. This level of transparency is less common for some other tax systems. Economic efficiency Prevention of cascading tax effects: GST's credit mechanism helps to prevent the ...