Tax Authorities

Tax Authorities represent government bodies that collect Tax and/or issue Tax refunds. For example, in the UK a Tax Authority would be Her Majesty's Revenue and Customs or HMRC. This is the Tax Authority responsible for dealing with Value Added Tax (VAT).

In the US, Tax Authorities would represent Tax Agencies to which companies pay their Sales Tax. Unlike the UK there may be a number of Tax Agencies rather than a single government body.

Because you can make or receive payments to a Tax Authority (e.g. VAT payment or reclaim), it behaves very much like a Supplier. Indeed, you can think of a Tax Authority in salesorder.com as being a special kind of Supplier (see below).

NOTE:

If you are using salesorder.com from the UK we have already included HMRC as a Tax Authority. From this Tax Authority, you can:

• Create and File VAT Returns

• Pay VAT Bills

• Receive VAT Refunds

• Make arbitrary payments to HMRC

• Receive arbitrary payments from HMRC

• View your VAT account

• Create contacts