Total amount value with tax using php

Date Posted: 22-12-2017

In this Post we will explain Total amount value with tax using php.

Step 1: Create a new file name as index.php and paste the following code.

<?php

//The VAT rate.
$vat =18;

//Divisor (for our math).
$vatDivisor = 1 + ($vat / 100);

//The gross price, including VAT.
$price =  1000;

//Determine the price before VAT.
$priceBeforeVat = $price / $vatDivisor;

//Determine how much of the gross price was VAT.
$vatAmount = $price - $priceBeforeVat;

//Print out the price before VAT.
echo number_format($priceBeforeVat, 2), '<br>';

//Print out how much of the gross price was VAT.
echo 'VAT @ ' . $vat . '% - ' . number_format($vatAmount, 2), '<br>';

//Print out the gross price.
echo $price;
?>

In the above code vat tax is 18% and price is 1000 and you will get vat tax amount and without amount.

LINK: http://demo.pheonixsolutions.com/php/tax/