Questions
- Should I add a tax rate to a new gift card, cashless card or wallet product type?
- What is the default tax rate for these product types?
Solution
No, you don’t need to add a tax rate to a new gift card, cashless card and wallet product.
When you create a new gift card product in Venue Manager, ROLLER automatically applies a default 0% tax rate to gift cards, cashless cards and wallets, regardless of the default tax rate configured in Settings > Account > Venue settings in Venue Manager.
This prevents double taxation, making sure tax is only applied when gift cards, cashless cards or wallets are redeemed (used) for a purchase, not when it is initially bought.
If needed, you can override the 0% tax rate by selecting a different tax rate under Tax override in Additional options on the product setup page.