Can the system gst rate of 10% be changed to 15% or new gst codes be set up with different rates

Answer

Hello Gail,

I'd like to give you a short preview about GST. 

When you set up a Goods and Services Tax (GST) in QuickBooks Online (AU), it defaults to 10%. The sales tax percentage is provided by the Australian Tax Office.

For now, changing the rate is unavailable. Nevertheless, you can create a new sales tax with a different rate.

You can follow these steps:

  1. Click GST, then choose Add tax.
  2. Click Tax rate.
  3. Enter a desired name in the Tax name field.
  4. Choose either or both Sales or/and Purchases
  5. Enter the new rate then choose the account.
  6. Click Save

Please let me know if you need something else. I'll be here for you. 

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IntuitKristine , Community Support Specialist
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