Tax Rates

What are Tax Rates?

Tax rates are simply the amount of tax paid by customers whenever they make a purchase. Tax rates vary between countries and regions and Nexudus offers three different types of tax rates to accomodate your space's tax requirements.

Tax Rate Types

Custom Tax Rates

Custom tax rates are rates you create and assign to one or several items in your inventory. These tax rates must be assigned to all the relevant inventory via Settings > Invoices & tax > Chart on the Admin Panel.

For more information, check out Managing Tax Rates

Default Tax Rate

If your invoices are set to include taxes, you can define a default tax rate that applies to all purchases that don't have an custom tax rate assigned to them.

You can define and edit this default rate via Settings > Invoices & tax > Tax on the Admin Panel.

For more information, check out Editing the Default Tax Rate.

Personal Tax Rate

Personal tax rates are customer-specific tax rates that replace the default tax rate. This special tax rate won't apply to invoiced items that already have an assigned tax rate. You can manage this special tax rate from the Account tab of any customer's account.

For more information, check out Personal Tax Rates