How do I subtract all taxes from a price with tax in OpenCart?
In the example below I use the default "Taxable goods" tax setting from OpenCart, which is 20% VAT $2,00 Eco-Tax.
$number = 20.80
// Get $number tax:
$tax = $this->tax->getTax( $number , $product_info['tax_class_id'] , $this->config->get('config_tax') );
// Subtract tax from total price:
$result = $this->currency->format( ( $number - $tax ) , $this->session->data['currency'] );
This returns an incorrect value of $14,64 because it calculates the tax on $number
(20,80), which already is a price with tax. The correct price for $20,80 without tax should be $15,67
This should be the formula in this case: (20.80 - 2.00) / 120 * 100 = 15.6667
Is there any way to subtract all taxes from a price that already has tax included?
CodePudding user response:
$taxRate = 20;
$gross = 150;
$divisor = (100 $taxRate) / 100;
$net = round( $gross / $divisor, 2);
$tax = round( $gross - $net, 2 );
Echo "Gross was $gross - Net is $net Tax is $tax";
RESULT with 20% tax
Gross was 150 - Net is 133.33 Tax is 16.67
RESULT with 15% tax
Gross was 150 - Net is 130.43 Tax is 19.57
Try a few dry runs and then check with this code
CodePudding user response:
if your tax for example is 21% and you have product with tax=120.. Without tax will be: 120/1.21. so if Tax rate:
$tax_rate = 21;
product price:
$price = 120;
Price without tax:
$price_without_tax = $price/($tax_rate/100 1);