Tax in amount
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Tax in amount
"Tax in amount" setting is present in every payment gateway and it represents how tax amount is added or subtracted from payment amount. Example: Lets assume that user wants to pay 10 USD and has a tax = 20% (VAT).
When it is set to "Included":
- User enters 10USD to amount field
- The system adds 20% to user amount and sends 12 USD to payment gateway.
- When user pays that amount (12 USD) using his payment gateway then notification is returned and users balance is topped by 10USD.
When it is set to "Excluded":
- User enters 10 USD to amount field
- System sends 10 USD to payment gateway
- When user pays that amount (10 USD) using his payment gateway then notification is returned and users balance is topped by 8.33 USD (8.33 USD + 20% = 10 USD).