Set the tax once
Create your tax schemes and choose a default. Every voucher uses them.
- VAT at 13% by default
- Inclusive or exclusive
- By amount or by quantity
What is inside
Tax that applies itself
You define it. Vouchers use it.
VAT at 13%
VAT at 13% is the default.
Other taxes
Add schemes of other types, such as excise.
A default scheme
Mark one scheme as the default.
Amount or quantity
A scheme can work by amount or by quantity.
Inclusive or exclusive
Prices can include tax or not.
A collection account
Link each scheme to the account that collects it.
How it works
Set up a scheme in three steps
Most businesses need one or two.
- 1
Name it
For example, VAT 13%.
- 2
Set the rate
Choose the type, the rate, and amount or quantity.
- 3
Link the account
Pick the account that collects the tax.
Sample tax schemes
Schemes, with their rates
Each scheme has a type and a rate.
Type
VAT, excise and others.
Rate
The percent charged.
Default
The scheme used unless you pick another.
| Scheme | Type | Rate | Applied |
|---|---|---|---|
| VAT 13% (default) | VAT | 13% | By amount |
| Excise (example) | Excise | 5% | By amount |
Sample schemes. The excise rate is an example only.
Common questions
Questions about tax schemes
Short answers.
Is VAT set up for me?
VAT at 13% is the default. You can add more schemes.
Can prices include tax?
Yes. Tax can be inclusive or exclusive.
Can I set a different tax for an item?
Yes. Each item has its own purchase and sales tax scheme.
See Hexabooks with your own numbers
Tell us a bit about your business and we will set up a walkthrough.