This section allows you to define different tax profiles to assign to your items. Consult an accountant and/or lawyer if you have any doubts. It is better to get detailed information from an expert before you start selling online. To create the tax settings, click 'Settings'. Here you can: allow your customers to request an invoice, decide whether or not to include the shop logo on the invoice, apply a symbol before the invoice number and decide which rule to apply for tax calculation. To create a new tax profile, click '+ Add'. Here you will need to enter:
- the name of the tax;
- the percentage of the value of the tax (our example is 22%).
Activate 'Main Profile' only if it is the main profile of the store. Setting the profile as 'main profile' means that it will be applied when no other tax settings are specified in the products page.
Once set, you will need to enable the countries for which the tax profile will apply. For all countries not included in the tax profile, that tax is not calculated. After setting the tax profiles, you can easily match them to your items, and the system will automatically deduct VAT from the sale price indicated.