Your account will already be populated with your local tax rates, but Account Administrators can add new tax rates to the account from the Tax Rates section of the Admin area.
To add new tax rates, follow the steps below:
1. Click the Account Name > Admin.
2. In the Rates section, click the Tax Rates subheading.
3. Click the New Tax Rate button.
4. On the Details tab, enter the details for the new tax rate.
Rate Name - give the tax rate a name, this will be what users see when selecting a tax rate.
Reference (optional) - add a reference for the tax rate. This is typically where you input the tax rate reference/code from your accounting package for the tax rate.
Rate (%) - enter the rate for the tax rate, this is the rate that will be used to calculate the tax amount when selected by the user.
Note: If the 'Users can override tax amount' Additional Setting is enabled, users can override the tax amount when the tax rate is selected.
5. On the Visibility tab, expand the collapsible headings and tick the checkboxes to select which departments, user groups and users can select the tax rate.
6. Click Create.