What is a VAT scheme?

With VAT schemes you link the VAT classes to a specific percentage. They allow you to charge a different VAT rate for (future) projects or invoices. 

Setting up a new VAT Scheme

If you want to apply new or changed VAT rates for your existing you can do this with VAT schemes.

  • To edit or create a new VAT scheme go to settings Configuration >  VAT schemes (under financial)

VAT Schemes have three options:

  • Rates: These are the VAT classes that you've configured in Rentman (high, low, zero, etc.) 
  • Fixed rates: A single rate that will be applied to the entire project. 
  • VAT reverse charge: A 0% rate for cross-border business. 
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