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product 'total due today' is out by £1

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Hi folks,


I'm just going through the set up motions and set myself up as a client in order to run through the check out process and after selecting my product (annually recurring £30 inc tax @ 20%) the numbers are out slightly, resulting in the following:


Web Hosting - Starter (yukyukyukq.com)

[Edit Configuration] [Remove] £30.00 GBP

Subtotal: £24.17 GBP

VAT @ 20.00%: £4.83 GBP

Total Due Today: £29.00 GBP

Total Recurring: £30.00 GBP Annually


Any ideas as to why this might be happening?





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