Displaying VAT if prices already include VAT (tax)
Is it possible to assign a tax rate against a product but for it to work in reverse. Let me explain...
So my prices already include tax where applicable (without tax rates being used in zen cart). Is there a way so that if I set 20% tax rate to a product that during checkout it displays what percentage of the price it is currently set. (as supposed to adding 20% on to the price).
Example, product price = £10
If tax set at 20%
Rather than zen then making total price £12, it keeps the price £10 and displays £10 of which £1.66 is tax?
If not I assume I'd have to deduct 20% from my product prices that tax applies? (which would be a pain)
Anyone a tax wizard that can advise best approach?
Cheers
Phil Rogers
A problem shared is a problem solved.
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