To change your tax rate, log in to your Lovingly account, navigate to Settings & Preferences, and click on the Taxes section. If you have PIN protection enabled, you’ll need to enter your PIN to access this section.
You’ll see the state that your shop is located in, and the tax rate you’re currently charging for that state. These settings allow you to manage tax rates for your locality, online and POS orders, and out-of-state orders, ensuring compliance with tax regulations and accurate billing.
To change the tax rate, follow these steps:
Click on the current tax rate number.
Enter the new tax rate percentage.
Click “SAVE” at the bottom of the page to apply the changes.
By default, taxes will also be charged on any delivery fees you may have configured. To remove taxes from delivery fees, just uncheck the “Apply to Delivery Fee” options.
You are responsible for keeping your tax rates accurate, so be sure to update this information any time your tax rates change. This ensures compliance with tax regulations and helps maintain accurate billing for your customers.
To charge taxes for additional states that your shop is registered in, click “Add State,” then select the state you’d like add to from the drop-down menu. Enter the appropriate tax rate for each state and click “SAVE” to ensure the system applies the correct tax rate when processing orders to those states.
To remove a state, click the gray minus icon to the left of the state name. Please note that you cannot remove the state that your shop is located in.
After any change your make, be sure to click “SAVE” or your changes will be lost.