Need to apply two tax rates

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I have customer who needs to apply an insurance tax of 5% on some of his products, in addition to VAT at 20%. I've set up a new tax rule, but it looks like you can only select the default OR the insurance tax rule.

How do I set up certain product to attract Insurance Tax

Please advise

Regards

Jon

You need to turn on the "cumulative" option in each tax rule and you will get both at the same time.

Hi Guys,

Thanks for that.

We are almost there.

Please see attached.

The Marquee needs the Insurance tax (which works) and the power socket needs VAT (which works). But I need to have the Marquee to be subject to VAT as well.

Many Thanks

Jon

Hi,

You can maybe adjust the Insurance tax rate to include the VAT rate inside.

Hi,

I can fix the rate at 26%, which would provide the right calculation, but I'm not sure how it would work from an accountancy viewpoint

Thanks anyway

Regards

Jon