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BillWize gives you multiple tax options :
Single Tax Rate :
This option is ideal when you just need to apply one tax to your invoices.
Choose a single tax rate for simple tax scenarios.
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Dual Tax Rate :
Configure two taxes with unique names and percentages.
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Example :
Tax 1: 10% on $100 = $10
Tax 2: 5% on $100 = $5
Total Tax = $10 + $5 = $15
Layered Tax Rate :
Apply tax on top of another tax for layered tax scenarios by checking the “apply tax on tax“ option.
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Example :
Tax 1: 10% on $100 = $10
Tax 2 (applied on total including Tax 1): 5% on $110 = $5.50
Total Tax = $10 + $5.50 = $15.50