## Documentation Index Access the complete documentation index at: https://www.zoho.com/au/books/help/llms.txt Use this file to discover all available documentation pages before proceeding. # Taxes Your business’ financials are affected by regulatory taxes and each organization has different country specific taxes to adhere to. You may have added Taxes in the Quick Setup section. You can edit or add further Taxes through the Settings section. * [Adding New Taxes](/au/books/help/settings/taxes.html#adding-new-taxes) * [Editing Taxes](/au/books/help/settings/taxes.html#editing-tax) * [Deleting Taxes](/au/books/help/settings/taxes.html#deleting-tax) * [Adding a New Tax Group](/au/books/help/settings/taxes.html#adding-new-tax-group) * * * ## Adding New Taxes To create or add a new Tax, follow steps as below: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. * Click **\+ New Tax**. * Provide a **Tax Name**. * Enter the relevant **Rate** in %. * Click **Save**. ![New tax](/au/books/help/images/settings/new-tax.png) * * * ## Editing Taxes To edit an existing Tax follow steps as below: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. * Click **Edit** next to the tax rate. * In the _Edit Tax_ page, edit the desired fields such as Tax Name and Rate. * Click **Save** for the changes to take effect. ![Edit tax](/au/books/help/images/settings/edit-tax.png) * If this tax has already been applied in some transactions, you will be asked to confirm if you wish to update the new tax rate in those transactions as well. ![Update Tax Rate](/au/books/help/images/settings/update-tax.png) * * * ## Deleting Taxes To delete an existing tax follow steps as below: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. * Scroll over the desired tax row and click on the trash bin icon which appears. Confirmation pop-up screen will double check your intention. Click to OK to Delete or **Cancel** to skip. ![Delete tax](/au/books/help/images/settings/deleting-tax.png) * * * ## Adding a New Tax Group It is customary in some countries to club some taxes under a common head. In such cases you will have to create Tax Group which will fulfill this regulatory requirement. To create a Tax Group follow steps as below: * Go to **Settings** on the top right corner of the page. * Select **Taxes** under _Taxes & Compliance_. * In the _Taxes_ pane, select **Tax Rates**. * Click on the **\+ New Tax Group** option present on the top right corner. * Provide a **Tax Group Name**. * Select the taxes to be clubbed together by clicking on the check box, next to the desired taxes. * Click **Save** to add new tax group. ![Add Tax group](/au/books/help/images/settings/adding-tax-group.png)