Slick SEO Tools

Sales Tax Calculator

Calculate Sales Tax Online Using Our Free To Use Sales Tax Calculator

Calculate Sales Tax Online

Result:

Net Amount (Excluding Tax) 0
Tax (0 %) 0.00
Gross Amount (Net Amount + Tax Amount) 0.00

What Is Sales Tax?

As per Wikipedia, a sales tax is a tax paid to a governing body for the sales of certain goods and services. Usually laws allow the seller to collect funds for the tax from the consumer at the point of purchase. When a tax on goods or services is paid to a governing body directly by a consumer, it is usually called a use tax. Often laws provide for the exemption of certain goods or services from sales and use tax, such as food, education, and medicines.

How To Calculate Sales Tax?

Calculating Sales Tax is really easy. We have a before tax price, that is the net amount, we also have a tax rate or a sales tax rate.

Tax amount is calculated by multiplying the tax rate perentage with the net amount.

Then the final amount or the gross amount is calculated by adding tax amount and net amount.

What is the Formula To Calculate Sales Tax?

Gross Amount = Net Amount + (Net Amount * Tax Rate)

Sales Tax Calculator Example:

Net Amount = $100

Tax Rate = 15%

Gross Amount = $100 + ($100 * (15/100)) = $115

Why Use Our Sales Tax Calculator?

The Sales Tax Calculator by Slick SEO Tools is a hassle free sales tax calculator. Just put in the net amount in the input box and provide the tax rate in the rate input box. Then click on the calculate button to get the tax amount and the gross amount.

It's that easy. Remove the guess work from the important calculations and let us do that for you.