Created by: Joseph Flynn
Modified on: Fri, 19 Oct, 2018 at 2:50 PM
Overview
You should create a tax code for each tax rate that is applicable to your sales or stock purchases. For example, a customer in the United Kingdom may have: - UK VAT (Standard Rate) - 20.00%
- Exempt - 0.00%
Creating a Tax Code
- Navigate to: Settings -> Configuration -> Payments & Tax.
- Navigate to the "Tax Codes" section.
- Click the "+ Add New" button at the bottom of the list.
- Populate the form fields for your new tax code.Name - the name of your tax code.Active - enabled if you currently use this tax code.Rate - the percentages rate of tax.
- Press the "Save..." button.
Editing a Tax Code
- Navigate to: Settings -> Configuration ->Payments & Tax.
- Navigate to the "Tax Codes" section.
- Click on the edit icon next to the category you wish to edit.
- Update the Tax Code as required.
- Press the "Save..." button.
[ht_message mstyle="info" title="Information" show_icon="true" id="" class="" style="" ]It's not possible to change the rate on a Tax Code. Instead, you should create a new Tax Code for the new tax rate.[/ht_message]
Joseph is the author of this solution article.
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