## Documentation Index Access the complete documentation index at: https://www.zoho.com/ae/books/help/llms.txt Use this file to discover all available documentation pages before proceeding. # Taxes ## VAT Ready Features in Zoho Books This section will give you a brief overview about the **VAT Ready** features that are available in Zoho Books. * **[Configuring your Zoho Books Account](/ae/books/help/settings/taxes.html#configuring-vat)** * **[Enabling Tax Settings](/ae/books/help/settings/taxes.html#enabling-vat-settings)** * **[Setting up Tax Rates](/ae/books/help/settings/taxes.html#setting-vat-rates)** * **[Adding New Taxes](/books/help/settings/taxes.html#adding-new-taxes)** * **[Editing Taxes](/books/help/settings/taxes.html#editing-tax)** * **[Deleting Taxes](/books/help/settings/taxes.html#deleting-tax)** * * * * * * ## Configuring your Zoho Books account Zoho Books is now VAT ready. As part of the rollout, you will have to follow a few basic steps in order to get your organization ready for VAT. ### Enabling Tax Settings To enable the VAT settings for your organisation in Zoho Books: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Settings**. * Check the **Is your business registered for VAT?** option. * Enter the **VAT Label** and **VAT Registration Number**. * If your business involves international trade (importing or exporting outside GCC), check the box **Enable trade with contacts outside United Arab Emirates**. * Click **Save**. ![Enable Tax Settings](/ae/books/help/images/settings/tax_settings.png) * * * ### Setting up Tax Rates Once you’re done with the VAT Settings, the next step is to set up the VAT Rates. There are two default VAT rates: 1. **Standard Rate (5%)** 2. **Zero Rate (0%)** To add additional VAT rates: * Click the **Tax Rates** sub-module on the left menu from the same VAT page. ![Tax Rates](/ae/books/help/images/settings/tax_rates.png) * * * * * * ## Adding New Taxes To create or add a new tax: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. ![Tax Rates](/ae/books/help/images/settings/tax_rates.png) * Click **\+ New Tax** on the top right corner of the page. * Fill in the **Tax Name** and **Rate (%)** in the **New Tax** page. * If the tax is an Excise tax, choose the option **This is an Excise tax**. * Click **Save**. ![New Tax Rate](/ae/books/help/images/settings/new_tax_rate.png) * * * * * * ## Editing Taxes To edit an existing tax: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. ![Tax Rates](/ae/books/help/images/settings/tax_rates.png) * Click the **Edit** button on the right side of the tax to edit. ![Tax Rates](/ae/books/help/images/settings/edit_tax.png) * Click **Save**. ![Tax Rates](/ae/books/help/images/settings/edit_tax1.png) * * * * * * ## Deleting Taxes To delete an existing tax: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. ![Tax Rates](/ae/books/help/images/settings/tax_rates.png) * Click the **Trash** button on the right side of the tax to delete. ![Tax Rates](/ae/books/help/images/settings/delete_tax.png) * Click **OK**. ![Tax Rates](/ae/books/help/images/settings/delete_tax1.png) * * *