If you know a tax rate is going to change in a country from a specific date, you can set Vreasy to automatically apply it from that date onward.

Go to Manage > Accounting.

Select the tax that is going to be modified and click the corresponding Edit button.

In the edit taxes window, click Add a new tax rate for a future date.

The system displays the Scheduled rates section.

  • In the Effective date field, select the date from which the new tax is going to be implemented.
  • In the Rate field, type the revised tax percentage.

Click Save.

Remember to set the revised tax rate and not the difference between the old and the new. For instance, if the tax rate has been revised from 19% to 21%, type 21 in the Rate field, and not 2.

Did this answer your question?