The Tax settings for Invoices allows you to control whether specific tax breakdown messages are displayed on Invoices. This includes VAT for EU and UK regions and GST for New Zealand. These breakdowns help ensure tax transparency when billing in currencies other than the respective tax authority’s standard currency.
EU VAT Breakdown
When this setting is enabled, Invoices that are subject to VAT and billed in a non-Euro currency will include a message like the one shown below.
GST NZD Breakdown
When this setting is enabled, Invoices that are subject to GST and billed in a currency other than NZD will include a message similar to the one shown below.
UK VAT Breakdown
When this setting is enabled, Invoices that are subject to UK VAT and billed in a currency other than GBP will display a message like the one below.
Comments
Article is closed for comments.