How to Change your VAT Rate
← Back to ResourcesHow to Change your Default VAT rate
- Navigate to Company Settings, then scroll down to Accounting Settings.
- Click edit next to the VAT or sales tax account. A pop-up will open.
- Select the desired VAT rate from the drop-down, or click Add New Tax Rate if you need to add a different rate.
- 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
- Edit your invoice or quote.
- Observe the VAT checkbox on each line item. You will see that the % rate is underlined.
- Click the underlined rate, and select the desired rate. Repeat for all necessary line items.
- Save the invoice/quote.