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Xero Default Tax Rate

Based on which organization 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

Code Name Revenue Expenses Liabilities Equity Assets
GSTONIMPORTS Sales Tax on Imports ✘ ✘ ✔ ✘ ✘
NONE Tax Exempt ✔ ✔ ✔ ✔ ✔
INPUT Tax on Purchases ✔ ✔ ✔ ✔ ✔
OUTPUT Tax on Sales ✔ ✔ ✔ ✔ ✔

US

Code Name Revenue Expenses Liabilities Equity Assets
OUTPUT Tax on Sales ✔ ✔ ✔ ✔ ✔
GSTONIMPORTS Sales Tax on Imports ✘ ✘ ✔ ✘ ✘
NONE Tax Exempt ✔ ✔ ✔ ✔ ✔
INPUT Tax on Purchases ✔ ✔ ✔ ✔ ✔

NZ

Code Name Revenue Expenses Liabilities Equity Assets
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

Code Name Revenue Expenses Liabilities Equity Assets
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

Code Name Revenue Expenses Liabilities Equity Assets
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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