How to change VAT in Odoo Accounting

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

To stay compliant, update your tax settings in Odoo so all invoices reflect the new rate.

How to Add 15.5% VAT in Odoo Online

1. Go to Configuration

• From your main menu click on Accounting or POS
  
• From the top menu, click Configuration > Accounting > Taxes

2. Create or Edit a Tax

• Click New or select an existing VAT entry to update
• Set the Tax Name to VAT 15.5%
• Set Amount to 15.5
• Make sure Tax Type is Sales and Active is toggled ON

3. Set Distribution

• Under Definition set 100% of tax to apply to the Base for both invoices and refunds
• You can leave Tax Scope and Fiscal Position as default unless you use custom setups

3. Set and Test

• Click Save
• Try creating a test invoice to confirm VAT is calculated at 15.5%