Prince Edward Island reverse tax calculator: Reverse HST calculator

Need to know the original price before taxes in Prince Edward Island ? This reverse HST calculator performs a reverse calculation of the Harmonized Sales Tax (HST). It is ideal for both personal and business use in Prince Edward Island and helps you find the exact price before taxes from an amount including HST.

This calculator determines how much tax (HST) is already included in a given total amount. Enter the final price with taxes to see the breakdown.

Total amount (with taxes included)

Amount Breakdown

Amount before tax $0.00

Total HST (15%) $0.00

Federal Part (5%) $0.00

Provincial Part (10%) $0.00

Verification

Base amount + HST $0.00

HST Calculator ⟲

The current HST rate in Prince Edward Island, Canada, is 15%, consisting of a provincial portion (10%) and a federal portion (5%). Our advanced reverse HST calculator extracts these taxes from any amount and displays them to the user.

How to use the Prince Edward Island reverse HST calculator?

To calculate the amount before HST, simply enter the amount including HST in the input field.
The calculator will automatically reverse calculate the HST and display all taxes applied as well as the price before taxes in Prince Edward Island.
The reverse calculator will display the total HST amount, the federal and provincial portions, as well as the total amount excluding taxes. This HST converter is advanced and up-to-date according to Prince Edward Island tax regulations.

What is HST and how do I manually calculate reverse taxes?

HST stands for Harmonized Sales Tax, which is a combination of the federal GST (5%) and a provincial sales tax (PST) into a single unified tax. The current HST rate in Prince Edward Island is 15%, consisting of the federal portion (5%) and the provincial portion (10%).

Reverse HST calculations allow you to find the pre-tax selling price from an amount that already includes HST. This is done using a formula or an automated calculator that extracts the HST and the pre-tax amount from the total including tax.

The general formula for the reverse calculation of HST is:

Initial amount = Amount including HST ÷ (1 + HST rate)

For example, if you have a payment of $805 (HST included), you can use the reverse tax calculation to determine the amount before taxes.

We get:
Amount including HST = $805
HST rate = 15% = 0.15

Using the above formula, we have:

Initial amount = $805 ÷ (1 + 0.15)

Initial amount = $ 700

To find the HST amount:

HST Amount = HST Included Amount – Initial Amount

HST Amount = $805 – $ 700 = $ 105