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In-price VAT isn't being calculated properly

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Hi,

I'm selling products on my SS with in-price VAT, however the calculation appearing on invoices isn't correct. For a 49€ product with 23% VAT (collecting in Portugal) the invoice shows 9,16€ as VAT instead of 11,27€. 

Anyone can help? Thanks!

 

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1 hour ago, cat222 said:

I'm selling products on my SS with in-price VAT, however the calculation appearing on invoices isn't correct. For a 49€ product with 23% VAT (collecting in Portugal) the invoice shows 9,16€ as VAT instead of 11,27€. 

The Squarespace calculation sounds right to me 😎.

39,84€ + 23% VAT @ 9,16€ is 49€

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