## Zoho Inventory Documentation Index

Access the complete documentation index at:
https://www.zoho.com/sa/inventory/llms.txt

Use this file to discover all available documentation pages before proceeding.

# Taxes

Your business’s financials are affected by regulatory taxes and each organization has different country specific taxes to adhere to. You may have added Taxes in the Quick Setup section. You can edit or add further Taxes through the Settings section.

*   [Adding New Taxes](/sa/inventory/help/settings/taxes.html#adding-new-taxes)
*   [Editing Taxes](/sa/inventory/help/settings/taxes.html#editing-tax)
*   [Deleting Taxes](/sa/inventory/help/settings/taxes.html#deleting-tax)

* * *

#### Adding New Taxes

To create or add a new Tax, follow steps as below:

*   Click the **Gear** icon in the top right corner.
*   Select **Taxes** under _Taxes & Compliance_ in _Organization Settings_.

![Taxes option under Settings](/sa/inventory/help/images/vat/vat-settings.png)

*   To add a new tax, click on **\+ New Tax**.

![New tax button](/sa/inventory/help/images/settings/taxes-new-1.png)

*   Provide a Tax Name.
*   Enter the relevant Rate in %.
*   Enable the checkbox if your newly created tax is going to be an excise tax.
*   Click **Save**.

![New tax pop-up](/sa/inventory/help/images/settings/taxes-new-2.png)

* * *

#### Editing Taxes

To edit an existing tax, follow steps as below:

*   Click the **Gear** icon in the top right corner.
*   Select **Taxes** under _Taxes & Compliance_ in _Organization Settings_.
*   Edit the desired fields such as Tax Name, Rate and select whether it is a excise tax.
*   Click **Save** for the changes to take effect.

![Edit tax](/sa/inventory/help/images/settings/taxes-edit-delete.png)

*   If this tax has already been applied to transactions, you will be asked to confirm if you wish to update the new tax rate in those transactions as well.

![Update Tax Rate](/sa/inventory/help/images/settings/taxes-update.png)

* * *

#### Deleting Taxes

To delete an existing tax,

*   Click the **Gear** icon in the top right corner.
*   Select **Taxes** under _Taxes & Compliance_ in _Organization Settings_.
*   Scroll over the desired tax row and click the **trash bin icon** which appears beside it.
*   Click to **OK** to confirm your action or **Cancel** to skip.

![Delete tax](/sa/inventory/help/images/settings/taxes-edit-delete.png)

* * *