Tax Inclusive Pricing
Posted: Sat Dec 22, 2007 2:11 am
I need to find a way to calculate and display tax inclusive prices.
In New Zealand we have a sales tax of 12.5% (GST), international purchases are exempt from this tax. As a retailer we are legally required to display pricing that is INCLUSIVE of GST on our website.
Our current shopping cart has the option of displaying the tax inclusive prices . It either uses the logged in users country profile to calculate the tax or defaults to the tax calculations suitable for the shops "home". I can't find any options that would allow me to set the site to show tax inclusive pricing anywhere in AC7.
I thought about having no tax rates loaded in AC, however this wouldn't work for international purchases. Also ideally I would like to have the tax calculated so that it shows on the invoice. I played around with conlib/utility/ProductPrice to try and manually force the display prices up by 12.5%, until I realized that it only affected prices on the product, and wasn't used for displaying the prices of items in the shopping basket.
Before I spend any more time on this I thought I'd check to see if there were any better ideas, or if I'm swimming against the tide.
In New Zealand we have a sales tax of 12.5% (GST), international purchases are exempt from this tax. As a retailer we are legally required to display pricing that is INCLUSIVE of GST on our website.
Our current shopping cart has the option of displaying the tax inclusive prices . It either uses the logged in users country profile to calculate the tax or defaults to the tax calculations suitable for the shops "home". I can't find any options that would allow me to set the site to show tax inclusive pricing anywhere in AC7.
I thought about having no tax rates loaded in AC, however this wouldn't work for international purchases. Also ideally I would like to have the tax calculated so that it shows on the invoice. I played around with conlib/utility/ProductPrice to try and manually force the display prices up by 12.5%, until I realized that it only affected prices on the product, and wasn't used for displaying the prices of items in the shopping basket.
Before I spend any more time on this I thought I'd check to see if there were any better ideas, or if I'm swimming against the tide.