How do I edit an existing tax rate?

To edit an existing tax, please follow the steps below:

Click on the Gear icon found on the top right hand side corner of the screen and click on VAT from the drop-down.
In the Edit VAT screen, edit the desired fields such as VAT Name, Rate and EU Member State.
Click Save for the changes to take effect.

Edit tax

If this VAT has already been applied in some transactions, you will asked to confirm if you wish to update the new VAT rate in those transactions as well.

Update Tax Rate