How to display shipping charge inc and ex tax on the checkout.
3.25 [ex. VAT] 3.99 [inc. VAT]
on panel where you choose shipping method.
Cant see obvious configuration so assume template override?
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Store/Configuration/Sales/Tax/Tax Classes, you may set the valid tax class for the setting Tax Class for Shipping
Once this is set, you can troubleshoot the issue with the function
and even better at
If your system has no customisation and if the above configuration area is setup like the screenshot below, the rendering should display
Note: this is tested with Magento ver. 2.3.3 and luma theme + sample data.