Magento has recently released its latest update: 1.8.1.0 version. This version includes some important calculation updates, functional improvements, and security enhancements.
- Tax calculation updates: Magento Community Edition 1.8.1.0 provides more accurate and consistent Value Added Tax (VAT) and Fixed Product Tax (FPT) calculations for the Magento admin, invoices, and credit memos. It also improves tax calculations for cross-border transactions, bundled products, and multi-tax scenarios, as well as supports the Waste Electrical and Electronic Equipment recycling tax in the EU.
- Functional improvements: Magento Community Edition 1.8.1.0 includes important improvements across the shopping cart, checkout, content management system, and product import and export.
- And much more…
To know more about the updates as well as the upgrade instructions, check out this article from Magento Official Website.
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