Automatic Tax Collection with Stripe
Coaches using FITR’s integrated payments with Stripe can automatically manage tax collection. Stripe Tax will:
Calculate, collect, and report taxes on client payments.
Ensure the correct tax amount is collected for your business.
Provide access to the necessary invoices and reports for filing returns.
Easily automate sales tax, VAT, and GST compliance for all transactions, streamlining your workflow to focus more on coaching.
Setting Up Automatic Tax Collection on Stripe:
In the 'Stripe' section of 'Settings' on your coach dashboard, follow the link to connect to Stripe.
Once this is done, follow the steps within Stripe to activate automatic tax collection:
The above must be completed. It will appear once the initial stage is finished. Please ensure that the 'activate' button has been pressed.
(*Note, additional Stripe charges may apply)
If you have any problems, please get in touch via live chat.
Thanks
The FITR Team