Details
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Type:
Improvement
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Status: Closed
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Priority:
Major
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Resolution: Won't Fix
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Affects Version/s: 3.0.0.b7
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Fix Version/s: 3.5.0-b2
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Component/s: None
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Labels:None
Description
In come countries (VAT countries in Europe, Australia, and New Zealand) line items include tax however tax rates are still calculated exlusively (like sales tax). Blesta currently handles these just fine. However, in a number of countries (Sweden, for example) line items include tax and tax rates are calculated inclusively.
There's really no difference between how these two rates are calculated. The only difference is the % displayed for the tax rate.
For example, an exclusive rate of 33% is displayed as an inclusive rate of 25%.
Formulas for calculating
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Exclusive rate (from inclusive) = rate / 1 - rate
Inclusive rate (from exclusive) = rate / 1 + rate
We should introduce a new setting to control how the tax rate is displayed (as inclusive or [as it is now] exclusive). We also need to decide if the rate entered on the tax rules screen is inclusive or exclusive.
Issue Links
- relates to
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CORE-1226
Add company setting to control if package prices include tax
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- Closed
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