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May 12, 2021
Question

How do you add multiple VAT rates in QBO depending on who you are selling to?

  • May 12, 2021
  • 1 reply
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1 reply

JoesemM
May 13, 2021

Thanks for dropping by here in the Community, @morganjamesjewel

 

You can add multiple VAT rates, by going to the Tax Centre. Before doing so, the rates are provided for informational purposes, are not tax or accounting advice, and we recommend you consult your tax or accounting advisors regarding the applicability of these rates. Please follow the outlined steps below:

 

  1. In the Tax Centre, select Add Tax.
  2. Choose which type of tax rate you want to set up.
  3. Enter the details of your tax rate. If you need help with this screen, select the help button (yellow question mark).
  4. Select Save when finished.

 

Also, you can group your taxes, please note that once created they can't be edited or deleted. Here's how:

 

  1. In the Tax Centre, select Add Tax.
  2. Select "Group Rate" and then select Next.
  3. Enter the Group Name and Description.
  4. Select the Tax Rate and where it applies to Net, Tax, or both.
  5. Select Save.

 

Additionally, QuickBooks Online offers customers in some countries the ability to deactivate tax rates if you no longer use them or it's not applicable for you.

 

  1. In the Tax Centre, use the side arrows to find the tax you want to deactivate.
  2. Click on Edit tax in the top right corner.
  3. Click on Edit rates.
  4. Click the green toggle option.
  5. For custom rates - Under Action, click Edit and then click Make inactive.

 

For more details, click this article: How do I set up sales GST/VAT rates and use them on forms? (International QBO)

 

I've included these articles on how to set up and use the tax feature and available report in QuickBooks:

 

 

You're always welcome to post here if you have questions or other concerns with QuickBooks Online in the future. Have a great day.