How to change VAT in ERP Next

Created by Kelvin Musipha, Modified on Mon, 8 Dec at 11:08 AM by Kelvin Musipha

Zimbabwe’s VAT has increased from 15% to 15.5% under the 2026 Budget.

From now on make sure all invoices and transactions use the new 15.5% rate. Updating your ERPNext tax template will keep your records correct and compliant.

How to Update VAT in ERPNext

1. Search for your Tax Template

In ERPNext, type Sales Taxes and Charges Template in the search bar.
Select the template

2. Open the template list

Find your company’s template (e.g Company Name) or add the sales tax
Click to open it

3. Edit the tax rate

Under Sales Taxes and Charges change the Rate field to 15.5
Save your changes

4. Confirm the update

Create a test invoice to make sure VAT is calculated at 15.5%