Custom VAT rates
If you sell products where a reduced VAT rate applies, you can set the custom VAT rate when creating or editing the product.
To set a custom VAT rate, you'll first need to install the VAT features app.
Once the app is installed:
- Navigate to edit the product
- Locate the Product pricing section
- Enter the VAT rate into the Custom VAT rate setting (enter a number only, e.g. 5 for 5%)
- Custom VAT rates can be entered up to 4 decimal places
To set a custom VAT rate for product variations, use the Custom VAT rate setting in the variations section.
Zero rated / VAT exempt products
Zero rated / VAT exempt products
ShopWired does not distinguish between products that are .
To mark a product as zero rated/VAT exempt:
- Navigate to edit the product
- Select the
zero
option (if you have the VAT features app installed) or select Yes for the The product is zero rated / VAT exempt (if you don't have the VAT features app installed)
To mark a product variation as zero rated / VAT exempt, use the zero
option for the Custom VAT rate setting in the variations section.
Configuring VAT rates using the product import/export system
Configuring VAT rates using the product import/export system
You can set a custom VAT rate or mark a product as zero rated / exempt from VAT using the product import/export system using the columns VAT Exclusive
, Custom VAT Rate
and Variant VAT Rate (Optional)
.
VAT Exclusive
For products, enter a Yes
in this column if the product is zero rated / exempt from VAT.
Custom VAT Rate
For products, enter a custom VAT rate in this column, up to 2 decimal places.
Variant VAT Rate (Optional)
For variations, enter 0
if the variation is zero rated / exempt from VAT or enter a custom VAT rate up to 2 decimal places.
Item ID | ... | VAT Exclusive | ... | Custom VAT Rate | ... | Variant VAT Rate (Optional) |
---|---|---|---|---|---|---|
123456 | ... | Yes | ... | ... | ||
123457 | ... | ... | 15.50 | ... | ||
123458 | ... | ... | ... | |||
variant | ... | ... | ... | 0 | ||
variant | ... | ... | ... | 7.50 |