Tax is always included in the price of your products; adjusting your tax rate will not change the cost of any products but will help you report on the tax you need to pay as part of the sale.
How to set your tax rate:
- Navigate to Organisation setup > Accounting and billing
- Enter your tax rate in the field ‘Primary sales tax rate’
- Click ‘Save’ at the bottom of the page
If the ‘Primary sales tax rate’ field is empty, it means the tax rate is set to the default value for the country your organisation is based in.
If your club claims tax back, leave the tax rate as it is and use the figures in your reports to claim the money back.
Tax rates for individual products
You can also set unique tax rates for individual products. Navigate to Product management > Products, select the product, and open ‘Pricing’ settings.
After entering the tax rate, ensure you click the save icon on the right-hand side.