GST/VAT (Mark Up) Price Calculator
GST/VAT (Mark Up) Price Calculator Explained:
(a) What is this? When using Mark Up, this calculator determines a sell price including GST/VAT.
(b) What does this tell me? This calculator helps you establish the amount of GST/VAT and your retail sell price for any given product or category. Note that this calculator uses Mark Up for the margin calculation.
(c) Why should I use it? To understand the impact of GST/VAT on your pricing. Both Mark Up and GP are noted in the answer section of the calculator.
(d) Caution: Be careful to select the correct GST/VAT rate. Note that this calculator takes no account of your pricing strategies or competitive situation. It simply tells you the prices and respective margins. Any decisions made are at your risk.