VAT calculation incorrect?

Tourist
10 0 1

Hi,

The VAT is calculated at 20%, but I've set my tax rate to be 25%.
All taxes are included in my prices.

Example:
Subtotal    445,00 kr.
Shipping        0,00 kr.
VAT                     89 kr.

Total           445,00 kr.

The VAT should have been 111,25 kr, if calculated at 25%

How do I fix this?


Cheers

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Shopify Partner
54 0 28

Hi Oliver,

Please follow our Shopify EU VAT Guide to set up your taxes correctly. Our articles cover tax guides for other countries too, including India, Australia, and Canada.

If you will require further support, just message our team at support@sufio.com and they will be very happy to help.

Have you onsidered using Sufio invoices to provide legal invoices for your customers? Our invoices are fully compliant with accounting legislations around the world, in over 20 languages.

With a 14-day free trial, you can Install Sufio invoices to your Shopify store and test out all the features for free.

See you soon!

Jan, Sufio

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