How do I create and apply new Tax/VAT rate?

This article will show you how to create a new tax bracket, and apply them to services and/or products.

Creating a New Tax Rate

Go to Manager > SettingsFinancials > Tax Brackets

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This screen is divided into two sections: Service Tax at the top of the screen, and Product Tax at the bottom. Click Add in the section where you wish to create a new tax rate, then give your new tax rate a name and an amount.

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The new Tax rate is now created.


Applying the Tax Rate to Services

Go to Manager Services > Search for and click on the name of the service > Advanced, then apply the new tax rate and click Save.

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Not Seeing the Advanced Option?

If you have multiple locations in Phorest, tax rates are applied to services once per each individual location. You'll need to click on the Branches tab, then the name of a location, before going to the Advanced section to apply the tax rate.

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Applying the Tax Rate to Products

Go to Manager Inventory/Stock > Double-click a product to edit it > Check the box beside the new tax rate > Save.

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Bulk Applying a Tax Rate

If you need to bulk apply this new tax rate, check out this guide to find out how.

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