Set and manage VAT

Set and manage VAT in just a few steps in Paymash POS software

Julia Bastova avatar
Written by Julia Bastova
Updated over a week ago

Before you enter your products, you should make sure that the VAT rates are correctly deposited.

Set and manage VAT - photo 01

You can set your default VAT rate when you first register and adjust it at any time under Settings → Company → VAT.

Important to know!!!

From January 1, 2024, new VAT rates will apply in Switzerland. The standard rate will increase from 7.7% to 8.1%, the reduced rate will increase to 2.6% (previously 2.5%) and the special rate for accommodation will increase to 3.8% (previously 3.7%).

To adjust the VAT rate in Paymash you have to log in to the admin area and go to Settings → Company → VAT and adjust the VAT.

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