wrong taxes are display

  • Resolved maluwebdesign

    (@maluwebdesign)


    5 years, 5 months ago

    I have a problem with my taxes in the shop. I am charged a tax of 13,79€ for a price of 100€. The system is set to a tax of 16% (in Germany). It can not be the shipping, I have taken out to check if it is. Other settings:
    – Yes, I enter the product prices including VAT.
    – Calculate tax based on billing address of the customer
    – Tax class of shipping standard
    – Rounding: hook not set
    – Show prices in store: taxes included
    – Prices during order process: Taxes included
    – Show sum of taxes: Itemized

    Default tax rates are set to 16% for each country.
    I am just not getting anywhere.
    I hope someone can help me.
    Thanks a lot

    • This topic was modified 5 years, 5 months ago by maluwebdesign.

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Viewing 2 replies - 1 through 2 (of 2 total)
  • Plugin Support Kel C. a11n

    (@kellymetal)

    5 years, 5 months ago

    Hi there,

    If the “Product price” alone were $100.00, then 16% of that would be $16.00

    However, since you have it set to “Yes, I will enter prices inclusive of tax”, that $100.00 is actually product price + 16% tax.

    To calculate the product price alone, we can use the formula below (1.16 is from 1 (for product) + .16 (for 16% tax):

    $100.00 = product * 1.16

    That would give:

    product = 86.206896552

    This gives, 86.206896552 (product) + 13.793103448 (tax) = $100.00

    That is why you are seeing 13.79 for the tax amount.

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

    Plugin Support Kel C. a11n

    (@kellymetal)

    5 years, 5 months ago

    Hi there,

    We haven’t heard back from you in a while, so I’m going to mark this thread as resolved. If you have any further questions, please start a new thread.

    Have a wonderful day!

Viewing 2 replies - 1 through 2 (of 2 total)

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