Teamleader provides a standard selection of VAT rates, but it may be possible that you need to add additional rates.
- Navigate to "Settings" > "Invoices" > "Preferences" > "Add VAT rate".
- Add a unique code, a percentage and a description
- The unique code is important to distinguish different VAT rates
- The percentage is the VAT rate
- The description will be displayed when you add a product to a quotation or an invoice, and choose the VAT rate
3. The created VAT rate is added to the list of additional VAT rates under "Settings" > "Invoices" > "Extra VAT rates".