What you need to know
The tax rate you select for a transaction determines the amount of tax calculated and how the transaction is reported on the VAT return.
If the standard rates aren’t sufficient, you can edit or add your own tax rates.
View your tax rates
To see the tax rates:
Open the Settings menu
Click Tax rates in the left sidebar
Cybooks's tax rates
Purchases tax rates
Name | Tax rate |
19% (VAT on Expenses) | 19% |
9% (VAT on Expenses) | 9% |
5% (VAT on Expenses) | 5% |
EU Acquisitions (20%) | 19% reverse charged |
EU Acquisitions (Zero Rated) | 0% |
Exempt Expenses | 0% |
No VAT | 0% and excluded from the VAT return |
Reverse Charge Expenses (19%) | 19% reverse charged |
VAT on Imports | 100% |
Zero Rated Expenses | 0% |
Sales Tax rate
Name | Tax Rate |
19% (VAT on Income) | 19% |
9% (VAT on Income) | 9% |
5% (VAT on Income) | 5% |
Exempt Income | 0% |
No VAT | 0% and excluded from the VAT return |
Zero Rated EU Goods Income | 0% |
Zero Rated EU Services | 0% |
Zero Rated Income | 0% |