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- Above the menu you will see > Tax Rates.
A zero tax rate and Standard 20% rate is are already set in the system. Any other tax rates that you create are displayed in the list. - Click Create.
- In the Name field, enter a name for the tax rate.
- In the Code field, enter a code for the tax rate.
- Click the Add Rate+ button
- In the Rate field, enter the rate.
For example, if you were entering VAT at 20%, you would enter 0.20. - In the Effective from Date field, set the date from which the rate is effective.
- Click Save.
- If you need to edit the code or the rate, click the edit Edit button in the Tax Rates list. If you want to add a new rate to the same code, with a different effective date, click the Add Rate+ button to add a rate.
- To add a new code and rate, follow the above steps.
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