We are excited to announce a major update to how taxes are handled on Brandboom, specifically designed to support our European sellers and ensure smoother, compliant transactions.
What’s New?
We have introduced a dedicated VAT Taxes setting that automates tax compliance for domestic EU orders. This update ensures that when an EU-based seller receives an order from a buyer in the same country, the appropriate VAT is automatically calculated and applied.
Key Highlights
- Smart VAT Application: The system automatically detects when both the Seller and the Buyer (Ship To location) are in the same EU country and applies the necessary VAT taxes.
- Transparent Checkout: For applicable domestic transactions, the calculated VAT amount is clearly displayed to the buyer in the order summary before they finalize and place their order.
- Seamless Payments & Payouts: Whether you are using Forced Payment, Partial Payment, or fulfilling shipments manually, our system now accurately calculates payouts with VAT included.
How to Enable It
- Navigate to your Seller settings.
- Toggle on the new "Country VAT Taxes" option.
- Once enabled, VAT will be automatically handled for eligible domestic orders.
