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There is are vat options however i cannot find the option to select exempt tax, 15% vat on purchases?
There is are vat options however i cannot find the option to select exempt tax, 15% vat on purchases?
Hi there, accounts@urban-s.
By default, there the 15% rate and Exempt VAT option is available in QBO. Just be sure to select the Exclusive or Inclusive tax option, so you can select from these rates.
If you haven't set up your VAT, please refer to this article: Set up and use VAT in QuickBooks Online.
Feel free to go back to this thread if you have other questions.
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