Teamleader provides a standard selection of VAT rates, but it may be possible that you need to add additional rates. To do so, simply navigate to Settings > Invoices > Preferences > Add VAT rate.
On the following screen, you'll need to add a unique code, VAT rate and description.
- As 'percentage', you add the VAT rate
- The description will be displayed when you add a product to a quotation or an invoice, and choose the VAT rate
- The unique code is important to distinguish different VAT rates.
- When you click on "Advanced options", you'll also have the option to add a VAT rule. This rule will be shown under the invoice when you use this percentage. This rule can also be shown on the invoice itself. Check this article for more information.
Your list of added VAT rates can be found under Settings > Invoices > Extra VAT rates.
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