![]() If you use store base address, taxes are always based on your store location and not your customer’s location. This setting determines which address is used for tax calculations. Clicking on “Use recommended settings” should change all the settings to be the same as the one set for “Prices entered with tax”. If any of the 3 tax display settings (Prices entered with tax, Display prices in the shop, Display prices during cart and checkout) differ, a warning banner will appear to notify the user when the tax display settings are mismatched and in conflict. Settings when prices are inclusive of tax Settings when prices are exclusive of tax This happens when the calculated price (whether including taxes or not), has more decimal precision than allowed to be displayed by the shop, and as a result, prices are rounded. If these settings are not consistent, then for a certain combination of product prices and tax rates, customers may see an off-by-one rounding error. We recommend setting this series of settings to Excluding Tax if prices are entered without tax, or Including Tax if prices are entered including tax. Choose from Including tax or Excluding tax. This option determines how prices are displayed in your shop/catalog. Automated tax calculation with WooCommerce Tax.Tax_amount = price * ( tax_rate_% / 100 ) ![]() The tax calculation for tax- exclusive prices is: Tax_amount = price - ( price / ( ( tax_rate_% / 100 ) + 1 ) ) The tax calculation for tax- inclusive prices is: A tax of 20% would be applied on top of this during checkout making the amount payable £9.99. Using the example from above, a UK shop would enter 8.32 at the product price. “No, I will enter prices exclusive of tax” would mean that your catalog prices need to be tax exclusive.A customer in the UK would pay £9.99 as defined, and a customer in the US would only pay £8.32. You enter a product price of £9.99 that includes £1.67 tax. “Yes, I will enter prices inclusive of tax” means that all catalog prices are input using your store’s base tax rate.įor example, in the UK you would input prices inclusive of the 20% tax rate e.g.This option is perhaps the most important when managing taxes in your store, as it determines how you input product prices later on. The Tax tab displays several options that can be set to suit your needs - settings you choose are based on the tax jurisdiction under which your store is located. This tab is only visible if taxes are enabled. Select the Enable Taxes and Tax Calculations checkbox.Go to: WooCommerce > Settings > General.To access the tax settings screens, they first need to be enabled. For specific advice when it comes to what or when to charge tax/VAT/GST etc, we recommend consulting with a tax professional or an accountant on what may be your best options.Įach business is unique, and there’s no way we can cover every possibility. We’re not tax professionals so our advice is how to use our software. The team at can help with setting up tax rates in the WooCommerce settings and how the platform handles taxes/VAT/GST based on these settings, but not when or what to charge.
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