WC calculates taxes correct. Trust me. I’ve gotten the math wrong before regarding this and I’ve seen countless others getting the math wrong 🙂 If you post an example here I’ll provide a second set of eyes to look over the math if you want to.
A second set of eyes are most welcome.
I have an item with a price of 189:- SEK tax included. Swedish tax is 25%. When I calculate it I go by 189 * 0,25 = 47,25.
According to some people I’ve talked to after creating this post I should instead do it like 189 * 0,20 wich is 37,8. 37,8 is also what WC gets.
An easy explanation on why this is like this would be welcome. I’ve always figured if I buy something for 100:-, 25:- is tax.
Thanks
Well since you’re entering prices including tax, tax should be 25% of the product price without tax. Product price excluding tax: 189/1,25 = 151,2. 151,2 * 0,25 = 37,8. 37,8 is 25% of 151,2 meaning the price will be 189 including tax 🙂
No problem! Please mark this thread as resolved if you have no further questions.
