VAT Rounding Problem

We apply Midpoint Rounding (away from zero). We also round the line totals before summing, rather than summing then rounding.

So our calculations work like this:

2.53 x 1.2 (VAT 0.51 ) = 3.04
3.68 x 1.2 (VAT 0.74 ) = 4.42

Total VAT = 1.25