Products have been imported with VAT.
On each product, the Tax Class
is set to "Taxable Goods"
In System
> Configuration
> Sales
> Tax
> Calculation Settings
> Catalog Prices
= "Including Tax"
An example product has the price of 229.95
set on it. This is inclusive of VAT but in the listing & product page it shows as 275.94
.
Clearly I’ve configured something wrong – how can I get the system to understand that the total price, including VAT is actually 229.95
and not 275.94
.
Is it possible for Magento to decipher a tax amount on a product where the product has been imported with VAT included.