What is Magento WEEE?

WEEE is a little-known part of Magento that developers come into on occasion while working on Magento projects’ themes. Magento WEEE is unmistakably a type of tax. But what precisely is it?

A fast Google search for the phrase WEEE yields the following result:

“The WEEE Directive is the European Community Directive 2012/19/EU on waste electrical and electronic equipment. The WEEE Directive set collection, recycling and recovery targets for all types of electrical goods with a minimum rate of 4kg per head of population per annum recovered for recycling by 2009.”

But, what does an electronic directive have to do with a Magento tax?

Here, you’ll find all the answers you need.

What is Weee?

First, the most important questions: what does WEEE stand for? and what is the meaning of WEEE? WEEE stands for ‘Waste Electrical and Electronic Equipment,’ which includes virtually any end-of-life electrical or electronic device with a battery or socket.

Our gadgets and devices become obsolete relatively rapidly as technology evolves, and with newer versions constantly accessible, the old ones are discarded and consigned to the garbage. However, not only does this type of waste take up a lot of room in landfills, but electrical and electronic items also leak hazardous pollutants into water and the air, having a huge detrimental impact on the environment. As a result, in 2002, the WEEE Directive was enacted to address the environmental challenges posed by electrical and electronic waste.

While WEEE was created with Europe in mind, Magento designed this solution to be adaptable to the demands of any Magento store owner. You could, for example, use Magento WEEE for all these purposes:

• Fee for recycling in California
• Environmental Taxes on Gasoline (per gallon)
• Cigarettes Tariffs
• Sugary Drinks Tariffs

In essence, Magento WEEE may be used to implement any form of per-item flat rate tax.

What is Magento WEEE?

With the Magento WEEE module, fees/fixed product taxes (FPT) can be applied on specific types of products, which is mainly related to electrical equipment and recycling.

Fixed product taxes, rather than a proportion of the product price, can be utilized to set up a WEEE tax that is a fixed sum. FPT can be set up to appear in a variety of places in Magento. The backend allows you to customize rules, amounts, and display choices.

This module adds to the existing Magento Tax capabilities.

Read more: Magento Taxes: Everything You’d Wish To Know

About FPT

One of the most useful features of the Magento WEEE module is the ability to create FPT. So what iss this feature? Certain types of items must be subject to a fixed tax in some tax jurisdictions. For your store’s tax calculations, you can set up a fixed product tax (FPT). FPT, for example, can be used in some countries to set up a Waste Electrical and Electronic Equipment Directive (WEEE) tax, also known as an ecological tax or an ecotax, that is collected on specific types of electronics to offset the expense of recycling. Rather than being a proportion of the product price, this tax is a fixed amount.

Fixed product taxes are levied on an item-by-item basis, depending on the product. This tax is subject to an extra percent tax calculation in some countries. Your tax jurisdiction may also have laws governing how the price of a product appears to customers, whether taxed or not. Make sure you’re familiar with the guidelines and that you have set the FPT display options appropriately.

With that in mind, when citing FPT rates in an email, we recommend using caution because the price disparity can damage client confidence in their orders. Customers who buy items with related FPT will see a total that includes the FPT tax amount, but no itemized breakdown, if you present Order Review pricing without disclosing FPT. Because the total differs from the amount intended, some customers may abandon their carts due to the price disparity.

Magento Weee module includes:

• The ability to add a variety of set product taxes to a product. This is a useful feature of the product
• Configure where WEEE appears (category, product, sales, invoice, or credit memo pages) and whether or not FPT should be taxed.
• Allow for a new line item in the totals section.

Without any additional activities, you can let the Magento WEEE install itself (using the native Magento install process).

Furthermore, in order for the WEEE Magento module to work properly, you also need these following modules:

• Magento_Tax
• Magento_Quote
• Magento_Catalog
• Magento_Checkout
• Magento_Store
• Magento_Sales
• Magento_Customer

Conclusion

Through this article, we can see that taxing every product on an eCommerce site is incredibly difficult and complex. But with tools like Magento WEEE and FPT in your arsenal, you can easily figure it out. Hopefully, after reading this post, you now have the essential knowledge of Magento taxes to expand your business and drastically increase sales.