Xero Default Tax Rate

Based on which organisation version it is, Xero generates default tax types for you. However, these default tax types have constraints in it. These are the list of those constraints.

Error message:

Xero::ValidationException: 'A validation exception occurred'. 1 error: data_contract_base: 'The TaxType code 'INPUT' cannot be used with account code '200'.'

Global

CodeNameRevenueExpensesLiabilitiesEquityAssets
GSTONIMPORTS Sales Tax on Imports
NONE Tax Exempt
INPUT Tax on Purchases
OUTPUT Tax on Sales

US

CodeNameRevenueExpensesLiabilitiesEquityAssets
OUTPUT Tax on Sales
GSTONIMPORTS Sales Tax on Imports
NONE Tax Exempt
INPUT Tax on Purchases

NZ

CodeNameRevenueExpensesLiabilitiesEquityAssets
INPUT 12.5% GST on Expenses
OUTPUT 12.5% GST on Income
INPUT2 15% GST on Expenses
OUTPUT2 15% GST on Income
GSTONIMPORTS GST on Imports
NONE No GST
ZERORATED Zero Rated

AU

CodeNameRevenueExpensesLiabilitiesEquityAssets
BASEXCLUDED BAS Excluded
EXEMPTCAPITAL GST Free Capital
EXEMPTEXPENSES GST Free Expenses
EXEMPTEXPORT GST Free Exports
EXEMPTOUTPUT GST Free Income
CAPEXINPUT GST on Capital
GSTONCAPIMPORTS GST on Capital Imports
INPUT GST on Expenses
GSTONIMPORTS GST on Imports
OUTPUT GST on Income
INPUTTAXED Input Taxed

GB

CodeNameRevenueExpensesLiabilitiesEquityAssets
CAPEXSRINPUT 15% (VAT on Capital Purchases)
CAPEXSROUTPUT 15% (VAT on Capital Sales)
SRINPUT 15% (VAT on Expenses)
SROUTPUT 15% (VAT on Income)
CAPEXINPUT 17.5% (VAT on Capital Purchases)
CAPEXOUTPUT 17.5% (VAT on Capital Sales)
INPUT 17.5% (VAT on Expenses)
OUTPUT 17.5% (VAT on Income)
CAPEXINPUT2 20% (VAT on Capital Purchases)
CAPEXOUTPUT2 20% (VAT on Capital Sales)
INPUT2 20% (VAT on Expenses)
OUTPUT2 20% (VAT on Income)
RRINPUT 5% (VAT on Expenses)
RROUTPUT 5% (VAT on Income)
EXEMPTINPUT Exempt Expenses
EXEMPTOUTPUT Exempt Income
NONE No VAT
GSTONIMPORTS VAT on Imports
ECZRINPUT Zero Rated EC Expenses
ECZROUTPUT Zero Rated EC Goods Income
ECZROUTPUTSERVICES Zero Rated EC Services
ZERORATEDINPUT Zero Rated Expenses
ZERORATEDOUTPUT Zero Rated Income
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