You can change a percentage of tax and how it's displayed in invoice. Some customers want to display it just as 'Tax' rather than 'VAT'. A percentage of tax can be changed any time without affecting the invoices that are already issued.
We also have provide a setting to configure a separate 2nd and 3rd tax rate to be applied to invoices (optional).
To set your tax rate, navigate to Settings > Invoice tab on left > and then scroll down to the Tax Settings
See screenshot below:
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