Sales Tax Calculator

What is a Sales Tax Calculator?

A Sales Tax Calculator is a tool that computes the amount of sales tax for a product or service and provides the total price, inclusive of tax. It simplifies tax calculations and ensures accurate pricing.

When to use a Sales Tax Calculator?

Use this calculator when:

• Making purchases to know the final price with sales tax.
• Preparing invoices or receipts as a retailer or business owner.
• Ensuring tax compliance while calculating prices for products or services.

How to use a Sales Tax Calculator?

1. Enter the Amount: The price of the product or service before tax.

2. Input the Sales Tax Rate (%): The applicable tax percentage.

3. Click Calculate Sales Tax to view:

• The sales tax amount.
• The total price including tax.

The formula used is:

Sales Tax Amount = (Amount × Sales Tax Rate) ÷ 100

Total Price = Amount + Sales Tax Amount

Who needs a Sales Tax Calculator?

This tool is ideal for:

• Consumers: To understand how sales tax affects total costs.
• Retailers and Business Owners: For accurate pricing and invoicing.
• Accountants and Financial Professionals: To ensure proper tax calculations.