Serious problem with VAT

[gilby]

The individual VAT(15%) on a £0.95 product would be £0.1425 rounded to £0.14

So ten of these would be £9.50(ex) + £1.40(VAT) = £10.90 (inc)

But the VAT total shows as £1.43

I guess it is working it out something like this:
9.50 x 0.15 = 1.425 ...then rounded to £1.43

Any ideas?

Hey I am an aussie but even I can see the flaw in your logic
Our GST and your VAT are calculated on the TOTAL (FINAL) sale price, not on individual sub totals.
so your example becomes

So ten of these would be £9.50(ex) + £1.43(VAT) = £10.93 (inc)

as per Zen