VAT price increase

[carl]

why do I appear to be paying VAT at checkout on my Postage and packing as well as on the figures?
Carl

[Leon]

why do I appear to be paying VAT at checkout on my Postage and packing as well as on the figures?
Carl

The VAT is calculated after the postage, but it still works out correctly at the end. 

A pack without VAT is £2.92 + 5% postage of 0.15p then 20% VAT of £0.61p = £3.68.  Exactly the same as £3.50 + 5% postage of £0.18 = £3.68.

When we met with the accountant he told us that we had to charge VAT on all the postage, however, we've done the formula's on the website so that we take the VAT hit there, and we are still only charging the same percentages as before.

Now saying all of that, when I've checked your order, it looks like you've discovered a small glitch.  As it's only a small order, the postage is automatically set at a minimum 50p, which has then had VAT added to it, taking it up to 60p.  We'll just have to change the minimum on the website to 0.42p, which would then be 50p after the VAT's been put on.

[fred.]

The webstore is doing some strange rounding on VAT.

If you add 10 x £3.50 packs then the total is £35.04
2 x £3.50 comes out as £7.01

I think it is working out the total net price, then adding VAT. Rather than adding VAT to each item, rounding and then totalling.

As you are giving the inc VAT price, you need to round at the item level, rather than the invoice level.

Don't you just love VAT.

[Leon]

The webstore is doing some strange rounding on VAT.

If you add 10 x £3.50 packs then the total is £35.04
2 x £3.50 comes out as £7.01

I think it is working out the total net price, then adding VAT. Rather than adding VAT to each item, rounding and then totalling.

As you are giving the inc VAT price, you need to round at the item level, rather than the invoice level.

It's from the back of house price.  £3.50 minus the VAT is £2.91666, which is rounded to £2.92 for the website (which works on net).  So, for every 2 1/2 packs it adds an extra 1p.  We're working on some changes to fix this soon.

[Megamatman]

Yeah, as Leon says we're in the process of fixing that... it should be sorted by the weekend... along with a few other fixes/additions.

Thanks for letting us know Fred. 

Matt

[Lord Kermit of Birkenhead]

Thjats the site down for a month then. 

IanS

[Leon]

Thjats the site down for a month then. 

[Megamatman]

Thjats the site down for a month then. 

IanS

  Wha? errrrrrr no

I know you're only joking ( ) but seriously, 99.9% uptime of the services we have direct control of with the budget/resources we have is good going in my book.