Quote Originally Posted by s_mack View Post
Umm... you're wrong, its right. $157.07 is absolutely correct. $139 * 1.13 = $157.07

Not sure how you're doing your math, but its wrong. Oh, Actually I see... you are taxing a tax. You do NOT add the PST to the Amount + GST. GST and PST are INDEPENDENTLY calculated on the item amount. The easiest way is to just add the percentages and multiply like I did above.

Anyway, trust me (and the rest of the Canadian accountants) that the shop's method of calculating is correct. It was 2 weeks ago, and it is now.

Cheers.

- Steven
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Hi steven.. prefect timing... yes.. I have been told to calculate the taxes as so..

139.00 my product
+ 5% GST 6.95 = 145.95 + 8% 11.676 = 157.63

Been told to add on the 8% PST ontop of the 5% GST including the product total.

other wise 13% equals $157.07