Hitting a brick wall here, for some reason Magento in the shopping cart is actually discounting the VAT from the total due. We are working with UK VAT (20%), and catalog prices include tax.
In this example the subtotal including tax comes to £9.50
So why on earth can the grand total including Tax come to £7.92? We haven't applied any discount to the item, so it's even more confusing. The grand total is worked out completely wrong for some reason.
Data displayed in cart:
Subtotal (inc VAT) £9.50
Grand Total Excl. Tax £6.34
Tax £1.58
Grand Total Incl. Tax £7.92
Is this a confirmed bug in Magento CE 1.8.1.0 or is there a way to correct this?