How to include tax in display price, i. e. show gross price?
Posted: Sat Feb 21, 2015 5:43 pm
Where I am from the taxes are usually included in the price shown to a customer, i. e. the customer sees the gross price for a product right away. Is there any way to achieve this in this CMS?
Example: The tax for products is 10% in the country where the products are sold, the price shown is ¤100, and this is the gross price, i. e. with tax included (so the net price would actually be ¤91.91 and the tax is ¤9.09). So, the gross price is shown while ordering a product, and in the checkout process the net price and taxes are listed separately in a table with the gross price as sum.
Of course, the tax would be different if the product is ordered from/shipped to a different country, and one can’t know this in advance. But the gross price doesn’t change, just the revenue for the seller (i. e. if a product sold in country A is ordered from country B so that no tax applies, the total revenue for the seller would be ¤100).
So, is this possible, and if yes, how?
Example: The tax for products is 10% in the country where the products are sold, the price shown is ¤100, and this is the gross price, i. e. with tax included (so the net price would actually be ¤91.91 and the tax is ¤9.09). So, the gross price is shown while ordering a product, and in the checkout process the net price and taxes are listed separately in a table with the gross price as sum.
Of course, the tax would be different if the product is ordered from/shipped to a different country, and one can’t know this in advance. But the gross price doesn’t change, just the revenue for the seller (i. e. if a product sold in country A is ordered from country B so that no tax applies, the total revenue for the seller would be ¤100).
So, is this possible, and if yes, how?