The following diagram describes how tax rules are applied in POS:
- You can set up store tax rules in the back office that apply to product categories and configure them to apply a different tax rate under or over a certain threshold, e.g. all diamond rings over £1,500 have 35% tax, under £1,500 have 20%.
- Each customer can have their assigned tax code.
- Each product can have their own tax code set that can be made up of tax components.
- Each POS store can have their own default tax code.