Accounting Manager - Accounts Tax Codes

Modified on Fri, 05 Jan 2024 at 10:11 AM

Here you can add in your different tax codes that Hop will need to correctly assign your transactions to the correct VAT code.  


You will likely only need to set up a 0% VAT code and a 20% VAT code; however, this will vary depending on your location. We advise that you speak with your accountant if you are unsure which codes to set up. 

To create a new code, you need to click the add button at the top right, this will then open a new screen where you can enter the information.

Option Type This is preset to Accounts Tax Code 

Option Value This will be your relevant code e.g. Sage 50 T1 20% 
Sort Order
 This will be the order that the tax codes appear in a drop-down list if you, for example, would like T1 to show first in the list add 1 under sort code.  



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