When selling to offshore markets different rates of sales tax may apply depending on the tax laws of your country. With Rocketspark you can specify the rate of tax that should be applied to sales that are shipped to each country you currently ship to. You can set up sales tax rates by following the steps below:
How to set up Tax
- Log into your Rocketspark dashboard
- Go to the shop settings cog in the left hand side menu.
- In this area click “Taxes”
- Add tax rates for each country
As the tax rate is dependent on the shipping country, each country has it’s own tax rate.
You can add more countries in Shop settings cog -> Shipping
You can tell when the rates have automatically saved when the tick appears.
The tax rates do not affect the total amount paid by your customers but the order confirmation will show the proportion of the total cost that is sales tax.
If you are using www.xero.com as your accounting system your tax rate options are linked to the tax rates you have set up in Xero. See our guide for setting up our online shop with Xero.
Also see our guide about how sales taxes work in Rocketspark.