Tax rates are used for the sales tax or value-added-tax (on revenue) and input tax (on expenses). They can be configured wherever tax rates are applied, or simply under Settings.

This is list is pre-populated with the current VAT rates from Switzerland. You can adapt this list however, remove tax rates and add new ones.

Add / Edit / Copy [more]
Hereby you can create a new tax rate resp. edit or copy an existing one.

Delete
Hereby you can delete one or multiple tax rates. Tax rates already in use cannot be deleted. However, you can set them as inactive.