VAT
Introduction
In the VAT section, you can manage and configure different Value Added Tax rates based on the country or region of your customers. This feature allows you to add and customize VAT rates for each location, ensuring compliance with local tax regulations and providing accurate pricing for customers worldwide. By setting up these rates, you can automatically apply the correct VAT depending on where the customer is located, streamlining your checkout process and maintaining transparency in billing.
How to add a VAT Group
To add a VAT Group, follow these steps:
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Navigate to the VAT tab under the Prices Section:
Go to the VAT section in your Pricing menu. -
Click “Add VAT Group”:
Select this option to begin adding a new VAT rate group. -
Name the VAT Group:
Provide a name for the VAT group (e.g., “UK VAT”, “EU VAT”, etc.). This will help you identify the group later. -
Select the Country:
Choose the country for which you wish to add a VAT rate.
If the country is not listed, you can manually enter it. -
Enter the VAT Rate:
Specify the VAT rate percentage that applies to the selected country or region.
Ensure the rate matches the current tax regulations for that location.
For example:- United Kingdom: 20%
- Denmark: 25%
- Spain: 21%
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Add a Description (Optional):
You can add a description for the VAT group to provide additional context or details about the rate (e.g., “Standard VAT rate for EU countries”). -
Save Button:
Once you’ve entered the VAT rate, click the “Save” button to apply the changes.
This can be applied in the Form Builder when selecting edit on an option → Prices → expand the corresponding tab → select the VAT Group, you’ve created under VAT.
If you need to edit or remove a VAT rate, you can return to this section at any time and make the necessary adjustments.