How to Change your VAT Rate

How to Change your Default VAT rate

1. Navigate to Company Settings, then scroll down to Accounting Settings.
2. Click edit next to the VAT or sales tax account. A pop-up will open.
3. Select the desired VAT rate from the drop-down, or click Add New Tax Rate if you need to add a different rate.
4. Click Save. The new rate will now be the default when creating invoices and transactions.

How to use a different VAT rate for an invoice or quote, other than the default

1. Edit your invoice or quote.
2. Observe the VAT checkbox on each line item. You will see that the % rate is underlined.
3. Click the underlined rate, and select the desired rate. Repeat for all necessary line items.
4. Save the invoice/quote.