Setting the VAT for GBP and Euros

[Guest]

I really am stumped trying to figure out the different VAT rates for each currencies. This site is located in Ireland where their is 21.5% VAT rate Euro however the client sells the product in the UK which has a GBP and a 15% VAT.

 

How do I setup the GBP VAT Rate? Currently, I have the Vat rate set at 21.5% Euro but when you convert to GBP the pricing is all wrong I need to leave the Euro VAT but change the GBP Vat.

 

Thank you in advance

[GemRock]

name='bizmeds' date='Sep 26 2009, 02:40 PM' post='1442326'...the client sells the product in the UK..

client? developer? site owner?

 

its a very basic knowledge that tax or vat or whatever you call it has nothing to do with currency. Full stop.

Ken

[satish]

Create zones.

create different tax creates.

Map taxes to zones.

 

taxes are not mapped to currenctis but to zones.

 

Satish

[markg-uk]

If you're shipping from Ireland to the UK, you still have to charge UK customers 21% tax. You will have two tax rates, one for EU member countries and one for non EU countries (unless you can ship from Ireland and the UK).

[Guest]

Create zones.

create different tax creates.

Map taxes to zones.

1.00000000

taxes are not mapped to currenctis but to zones.

 

Satish

Thank you Satish! I just needed to get my head around this. Thanks this thread has been answered.

[satish]

Good to know You got it resolved.

 

Satish