How do I create a new Tax/VAT rate?

This article will show you how to create a type of Tax/VAT rate.

Go to Manager > Settings > Financials > Tax Brackets

Manager - Financials - Tax Brackets.gif

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/VAT rate, then give your new Tax/VAT rate a name and an amount.

New_Tax_Bracket.gif

The new Tax/VAT rate is now created.

Note:If you need to bulk apply this new Tax/VAT rate, click here for a guide on how to do that.

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