If you’re running a WooCommerce store, you may be wondering how to change your tax settings to accommodate the new Goods and Services Tax (GST). GST is a value-added tax that is levied on most goods and services sold in Australia. As of July 1, 2017, the GST rate is 10%.
In order to change your tax settings to reflect the new GST rate, you will need to log into your WooCommerce account. Once you are logged in, click on Settings and then Tax.
On the tax settings page, you will see a drop-down menu labeled “Country”. Select “Australia” from this menu.
Once you have selected Australia from the country drop-down menu, another drop-down menu labeled “State/Province” will appear. Select your state or province from this menu.
If you are uncertain of which state or province you should select, you can consult the Australian Tax Office website. Once you have selected your state or province, the final drop-down menu labeled “ZIP/Postcode” will appear. Select your ZIP or postcode from this menu.
After you have selected your country, state or province, and ZIP or postcode from the appropriate drop-down menus, scroll down to the “Tax Rates” section. In this section, you will see a table with three columns: “Country”, “State/Province”, and “Rate (%)”.
The Country and State/Province columns should already be populated with the selections you made from the drop-down menus earlier. In the Rate (%) column, enter “10” (without the quotation marks). Then, scroll down to the bottom of the page and click on the blue “Save Changes” button.
Conclusion: How Do I Change Tax to GST in WooCommerce?
To change your tax settings in WooCommerce to reflect the new GST rate, you will need to log into your account, click on Settings, then Tax. On the tax settings page, select Australia from the country drop-down menu and then select your state or province from the next drop-down menu that appears.
If you are uncertain of which state or province to select for your store’s location, consult the Australian Tax Office website. After making your selections in the Country and State/Province drop-down menus, enter “10” in the Rate (%) column of the Tax Rates table. Then scroll down to the bottom of the page and click on Save Changes.