How to setup Invoices Tax code for Milan, Italian Republic?

Users in Milan, Italian Republic can easily set up their online Invoices to charge for the salesservices taxes.  In Milan, businesses are required to charge VAT taxes on all productsservices they sell. You can use our Single rate tax code calculator to make these tax rates available for use when creating invoices.

The Tax code followed in Milan, Italian Republic

The Value Added Tax (VAT), is a form of consumption tax and it is collected at the standard rate of 22%  on all supplies of goods and services.

Reference: Value Added Tax (VAT) rates of Milan, Italy is referred from Wikipedia (World wide Tax) and Trading Economics web sites.

Steps to Configure Taxes on Invoices App Settings

1. Log in and access the Invoices App from your universal navigation menu bar.  
2. Click on the “More” icon and select "Settings" located in the app header bar. 
   
3. Click on  “Invoice” and select "Taxes" from the left navigation panel.
   
4. Click “Single Rate Taxes” on taxation. 
    
5. Click on the “Create” button to create a single rate tax.  
6. Provide the following:
   • Tax Code – Code of the tax.
   • Tax Rate Type – Select a type either fixed or percentage.
   • Tax Rate – Rate of the tax (percentage or amount). 
   • Print Label – Name of the tax.
     
7. Click on the “Create” button to complete.
8. You can view the created single rate tax code in a list.
   
9. By default, the created single rate tax will be in enabled mode. 
10. You can proceed with creating a new invoice with the above settings. 
11. You can either E-mail an invoice with a PDF attachment or manually print the invoice to the customer. 
12. You can view the invoice Tax code items subtotals on PDF format. 
    
13. You can capture the tax code at the invoice header level and line level.

Related Links

• Invoices tax code followed in various countries 
• Capture Invoice Tax code at header level and line level.
• What are Notes and how do I Use Them?