Add a tax rate to a country
Some countries have more than a single tax rate, depending on the purchased items. For example, there are three different
VAT rates in the United Kingdom. The
Standard VAT
rate is charged on most goods and services. A lower
Reduced rate VAT
is charged on some goods and services such as child car seats and energy-saving materials in the
home. Lastly, a
Zero rate VAT
is applied on food bought for preparation in the home as well as clothes for children.
If a country configured in your project requires another tax rate, you can add this by following these steps:
-
On the
Project tab, in the
Configuration group, select
Project Settings
.
- Click the Country Settings tab to view the table settings.
- In the Countries group, select the country to get a new tax code.
- In the Settings for <selected country> group, select the desired tax model from VAT or Sales and Use Taxes.
- Type a tax percentage value in the % box and click Add.
- Optionally, add another tax rate.
- Optionally, click OK to close the Project Settings window.
- Save the changes to your project.