Tax calculation not working

  • Resolved joshuabrand

    (@joshuabrand)


    4 years, 4 months ago

    Hello,

    I cannot get the tax to work correctly.

    I have created a standard tax rate for everywhere (using all wildcards *) of 20%.

    I have one product and it’s priced at ￡12.50. The cart is showing tax inclusive of ￡2.08 which isn’t correct. It should be ￡2.50.

    I have entered my price inclusive of tax and have this option selected in the settings.

    “Calculate tax based on” is set to Shop base address.

    Can anyone point me in the right direction of what I could be doing wrong?

    Thanks,
    Josh

Viewing 4 replies - 1 through 4 (of 4 total)
  • laceyrod

    (@laceyrod)

    Automattic Happiness Engineer

    Howdy!

    Can you send a screenshot of your Standard Tax settings? You can use https://snipboard.io/ to send screenshots here. You’ll just drag and drop the image into the window, and it will generate a URL to paste here.

    Also, what’s your shop base address?

    Thread Starter joshuabrand

    (@joshuabrand)

    Hello,

    Please find the settings below –

    Tax settings – https://snipboard.io/uTsr5X.jpg

    Standard tax rates – https://snipboard.io/ECBhgA.jpg

    Please let me know if you need any more info.

    Unfortunately the shop isn’t live yet so I can’t share the URL.

    Plugin Support kellymetal a11n

    (@kellymetal)

    Hi there,

    Thank you for providing those screenshots.

    If the “Product price” alone were $12.50, then 20% of that would be $2.50

    However, since you have it set to “Yes, I will enter prices inclusive of tax”, that $12.50 is product price + 20% tax.

    To calculate the product price alone, we can use the formula below (1.2 is from 1 (for product) + .2 (for 20% tax):

    $12.50 = product * 1.2

    That would give:

    product = 10.42

    This gives, 10.42 (product) + 2.08 (tax) = $12.50

    There’s more info about this in the docs here:
    https://docs.woocommerce.com/document/setting-up-taxes-in-woocommerce/#section-3

    I hope that helps!

    Thread Starter joshuabrand

    (@joshuabrand)

    Ahh Yes – my maths never was great! Thank you for explaining so clearly.

Viewing 4 replies - 1 through 4 (of 4 total)
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