Sequence provides standard tax rates for your invoices, but you can add a custom tax rate if needed. Follow the steps below:
- Click on your name.
- Then, click on "My Company."
- Navigate to the "VAT & UID" tab.
- Access the list of existing tax rates by clicking on "Tax Rates."
- Click on the arrow to display the available tax rates.
- Click on the arrow again to view the details of a specific tax rate.
- Click on "Add a Rate" to create a new tax rate.
- Choose whether it is a sales tax rate or a purchase tax rate.
- Fill in the corresponding fields.
- Uncheck this option if you do not want the rate to appear in the VAT selector when creating invoices.
- Once finished, click "Confirm."
- You can now see the new tax rate added.
You can now select your custom tax rate from the VAT selector when creating sales invoices.