To define a new VAT rate, in the Description box, type the description for the rate (for instance, 9 %).
The VAT Rate (create) form
In the Description field, type a name for the VAT rate.
The Out of Scope option is available if one of the Tracking of Out-of-Scope Sales or Tracking of Out-of-Scope Purchases options or both are selected on the Administration > Settings > Taxes form.
The Exempt option appear for selection if the Tracking of Zero-Rated and VAT-Exempt Purchases option is selected on the Administration > Settings > Taxes form.
In the Rate field, enter the percent of the new VAT rate.
To save the VAT rate, click Save; to save the VAT rate and close the form, click Save and close. For descriptions of other toolbar buttons, see Document Toolbar.