Taxes & Invoicing

What is the difference between tax included vs tax excluded?

How Octobat handles tax excluded and tax included
Tax-included:
Tax Included means you sell at the same price at all times in all countries. For example, if you sell an item for 100€ in one country would would sell it for the same price in all countries. The tax would be calculated after the payment depending on your customer (B or C, Country, threshold). If VAT/tax is due Octobat will deduct the amount from the 100€ you sold. Let’s say you sold to a german customer, VAT is 19%.Meaning you will sell at different prices depending on the customers you have. Octobat will calculate: 100/1,19= 84,03€, this amount is what you sold price excluded. The tax represent 100-84,03= 15,97€
Tax-excluded:
The excluded tax price will be all time the same, 100€ for instance. And tax will be calculated before payments and added to the excluded tax price depending on your customer (B or C, Country, threshold). If VAT/tax is due, Octobat will calculate it and add it on top of the 100€. Let’s say you sell to a Italian customer, VAT is 22%. Octobat will calculate: 100*1,22= 122€. To enable you to sell tax-excluded Octobat offers the Checkout