VAT Codes

By default your system will have three VAT codes already setup, Exempt (E), Standard (S), and Zero Rated (Z).

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You can edit these codes by clicking on the code letter, or add additional codes by clicking the 'Create New VAT Code' button.

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VAT Code - This is the standard VAT code letter.

Description - The description (full name) of the VAT code.

VAT Code in Accounts - Used if your accounts package uses different codes.

Is This VAT Rate to be Added to the Price - This specifies if your charges include or exclude VAT. This is across the entire system.

Active VAT Code? - If set to 'Yes' then the code can be used.

Click the 'Save Details' button to submit the changes.