Choosing the correct tax classes for your products is essential for correct pricing and compliance with local tax laws.
Warning
When in doubt, always consult your local tax authorities to ensure that you comply with the relevant regulations.Overview of tax classes and assigned rates
- There are a number of predefined tax classes.
- You cannot edit the tax rates, they are maintained automatically.
- What the individual tax classes mean for the taxation of your products depends on your business location.
For example:
| Tax class / Country | Germany | United Kingdom |
| Standard | 19% (0.19) | 20% (0.2) |
| Reduced | 7% (0.07) | 5% (0.05) |
| Tax-exempt | 0% (0.0) | 0% (0.0) |
How to set a different tax class for a product
- In the sidebar of the cockpit, navigate to Products.
- From the Product overview select an existing product or add a new one.
- Scroll down to the Pricing card.
- In the Tax class drop-down menu, select the correct tax option.
The default setting is Standard. - Select Save.
You have set the tax class for the product.