Taxes are mandated by the Zakat, Tax, and Customs Authority and serve as a primary source of revenue for national budgets. Taxes are implemented based on laws and regulations, and they vary depending on the nature of the business, goods, or services provided.
On the Rewaa platform, two main tax options are available by default:
Non-Taxable
VAT at 15%
Additionally, you can add other tax types to suit your business needs.
ℹ️ You can enable "Tobacco Fees" on the Rewaa platform. Learn more here.
Adding a New Tax
To add a new tax category:
Navigate to:
Settings > Taxes > Add Tax.
Enter the following details:
Tax Name: The name that will appear on invoices.
Tax Code.
Tax Line: Example: VAT (Value-Added Tax).
Rate: Specify the applicable tax rate (e.g., 15%).
Click Create to add the tax to the platform's tax list.
Adding a Compound Tax
Check the box for Has Compound Tax.
Enter the following details:
Compound Tax Name.
Rate.
Click Create to add the compound tax to the tax list.
Editing Tax Details
Before adding taxes to the platform, ensure all details are accurate as they directly affect product pricing during sales or purchases.
To edit tax details:
Navigate to:
Settings > Taxes > Edit (🖊).
Modify the required details.
Click Edit to save the changes.
FAQs
Can I use taxes for both sales and purchases?
Yes, all taxes in the list can be applied to both sales and purchases.How can I check the tax assigned to each product?
Export the product list to Excel:Go to Products & Inventory > Export.
Open the file to view details, including tax types for each product.
What is a compound tax?
A compound tax applies multiple taxes to the same product or service, such as VAT on the base price and an additional excise tax on certain items.Can I delete a tax after adding it to the platform?
Taxes cannot be deleted but can be edited. To edit, click Settings > Taxes > Edit (⚙️).Will editing tax details affect past invoices?
No, past invoices cannot be altered as per regulations by the Zakat, Tax, and Customs Authority. Changes only apply to future invoices.Will updating the tax rate automatically apply it to products?
Yes, tax rates will be updated for all products. Refresh your browser or log out and back in to see the changes.How can I verify the correct tax rate is applied?
Add the product to the sales screen to see the tax details.Can I add a custom tax for specific products?
Yes, add the tax to the list and assign it to products:Go to Products & Inventory > Products.
Click the three dots under Actions and select Edit Product.
Under Stock and Pricing Details, assign the tax type.
Click Save.