DESKTOP EDITION CLOUD EDITION SERVER EDITION GUIDES FORUM

VAT percentage (Cyprus)


#1

How can I change VAT percentage?


#2

Can you provide more context? What country is this for, what you see now and what is the intended result?


#3

It is for cyprus. Recently the percentage change to19% (ΦΠΑ 19%).
Now you have options for 5%, 8%, 18%.

I also notice there is no category in expenses for salary. I am establishing a small business with one employee and can not find anything related to salary under expenses in order to take account of it.


#4

New 19% tax code for Cyprus has been added into the latest version (14.2.24) so you should be able to add it into your list of tax codes now.

If you need more expense categories, go to Settings, then Chart of Accounts


#5

Thanks a lot!!