Task C5.1 Calculating GST

Step 1 of 12
Complete the blanks and calculate the GST amount to be added to the value of each item.

Item: Jeans
Value: $130
GST to be added: $

Selling price: $


Item: Jumper
Value: $120
GST to be added: $

Selling price: $


Item: Mobile phone
Value: $550
GST to be added: $

Selling price: $
  • Fact 5

    In 1917, during World War I, the price of admission into a place of entertainment was taxed. Auditors attended race meetings, theatre and picture shows to ensure the tax was being paid. This tax was also imposed from 1942 to 1953.

Higher education contribution scheme (HECS)

A system that supplemented funding of the Australian education system. It was incorporated with other loans into the Higher education loan program (HELP) on 1 January 2005.

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