Adding Different Tax Rates for Different Periods
You may need several tax rates within a tax configuration because, for example, some countries may lower their tax rates temporarily to stimulate the economy.
Each tax rate has its own effective period. At each moment of time, only one tax rate can be effective.
Note: If you try to add another tax rate with the same effective date as an existing tax rate, the system will return an error.
To add another tax rate to a tax configuration:
- In Billing control panel, go to System > Settings > Taxation > Taxes.
- Select the required tax and click Add New Tax Rate.
- Enter the tax rate value and the Effective since date for it.
- Click Add.
To disable a tax rate configuration:
Note: This option may be convenient when creating draft tax rates.
- Click the tax rate. Click Edit.
- Select Tax is not Effective. Save the changes.