Product prices have three options related to tax:
- Tax inclusive - the price of the product includes tax.
- Tax exclusive - the product price does not include tax.
- Tax free - tax is not charged for this product.
The tax rate and defaults are set in the currency and tax settings. To change your currency and tax settings:
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In your control panel navigate to Settings & Tools > Currency & tax.
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Modify your settings as required. Use the table below as a reference for the settings available.
| Setting | Description |
|---|
| Country code | The default ISO two character country code of your website (e.g. US, AU, NZ). |
| Currency code | Select the three-letter code for your currency (e.g. AUD, USD, NZD). |
| Currency symbol | Select the currency symbol from the drop down list. If it is not in the list, select Other and enter the symbol in the field. |
| Suburb selector country | The ISO country code of the default country used in the suburb selector. |
| Pricing in control panel | Use tax included pricing by default in the control panel. |
| Pricing in webstore | Use tax included pricing in store front and on all invoices. |
| Pricing in POS | Use tax included pricing in Maropost Commerce Cloud Point-of-Sale. |
| Tax code | Your home country tax code for goods and services (e.g. GST, VAT) |
| Tax rate | Your default tax rate for goods and services. |
| Countries included in default tax zone | A list of countries that will be charged your default tax rate. Unselected countries that are will not be charged tax. |
| Set internationally shipped orders to tax free | Orders with an international shipping address will be defaulted to tax free for each product on the order. |
| Registered for GST in New Zealand | Select this box to charge GST for orders shipped to New Zealand. More information here. |
| NZBN | Record your New Zealand tax identifier. |
| New Zealand tax rate | Percentage tax rate for goods and services. Default 15%. |
| Registered for GST in Australia | Select this box to charge GST for orders shipped to Australia. More information here. |
| ABN / ARN | Record your Australian tax identifier. |
| Australian tax rate | Percentage tax rate for goods and services. Default 10%. |
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Click the Save button.