VAT rates
Set up 21%, 10%, 4% or other rates and choose the default one.
Every product has a VAT rate. TPVStream uses it for the breakdown on the receipt, invoices, the Z closure and reports.
Set up the rates
- Open Settings › Tax Rates.
- Check the existing rates or add one with its name and percentage.
- Mark the default rate: it's suggested when creating a product and in the final amount.
Usual rates in Spain
| Rate | Usual use |
|---|---|
| 21% | Standard: alcohol, most shop products |
| 10% | Hospitality: food and drinks served on the premises |
| 4% | Super-reduced: bread, milk, fruit and vegetables… |
| 0% | Exempt |
TPVStream doesn't decide the VAT for you. If in doubt, ask your accountant which rate applies to each product.
Change the VAT of many products
On the sales screen, enter MANAGE PRODUCTS, select the products with Bulk edit and change their VAT in one go.
A VAT change only affects new sales: receipts already issued don't change.