Configure tax rates for every market you operate in — VAT, GST, Sales Tax, and more.
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Get Started FreeStorvexa's Tax Code Management module lets you define named tax codes — such as "Standard VAT 20%", "Reduced VAT 5%", or "GST 18%" — and attach them to products. Once assigned, the correct rate applies automatically on every document.
Tax codes are business-scoped: you define the rates that apply to your operations. This makes Storvexa suitable for any tax jurisdiction — UK VAT, EU VAT, Indian GST, US Sales Tax, and more.
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| Code | Type | Rate % | Description | Default | Active | Sort |
|---|---|---|---|---|---|---|
| GST18 | Sales | 18% | Standard GST | Default | ||
| GST5 | Sales | 5% | Reduced rate | — | ||
| VAT10 | Purchase | 10% | Import VAT | — | ||
All changes — add, edit, delete, reorder — are saved in one click.
Setting up tax codes takes just a few minutes.
Navigate to Settings → Tax Codes → New Tax Code. Give the code a descriptive name (e.g., "Standard VAT 20%") and enter the percentage rate.
There is no limit on the number of tax codes. Create separate codes for each rate: standard, reduced, zero, and any special-category rates.
Open a product record and select the appropriate tax code from the dropdown. Every document line item using that product applies the rate automatically.
Add a taxable product to any document. The tax amount is calculated per line item and the totals section breaks it down by rate.
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Create descriptive tax codes such as "Standard VAT 20%" or "GST 18%". Clear naming eliminates confusion when assigning codes to products.
A single document can contain products at different tax rates — each calculated correctly and displayed as a separate line in totals.
Assign a tax code directly to each product. The rate is inherited automatically on every document line item.
Tax amounts are computed in real time as quantities and prices are entered. Line-level and document-level totals update instantly.
Choose whether unit prices are exclusive of tax (added on top) or inclusive (already contained). Configurable per document.
Generated PDFs display tax per line item and in a totals breakdown. Visibility toggled per document type in Document Settings.
Storvexa does not enforce a specific tax regime — you configure the names and rates that apply to your business.
Used across the EU, UK, and many other countries. Typical UK rates are 20% (standard), 5% (reduced), and 0% (zero-rated). Create a separate code for each rate.
Used in India, Australia, New Zealand, Canada, and others. In India, GST has multiple slabs: 5%, 12%, 18%, and 28%. Create one code per slab.
In the US, sales tax rates vary by state. Many businesses create a tax code per state they are registered to collect in.
Create separate codes for zero-rated ("Zero Rate 0%") and exempt ("Exempt 0%") products to make the distinction visible on invoices.
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