At the moment, it’s great that we have a feature to add a percentage (%) tax rate to quotes.
It’ll be cooler if customers could select from a dropdown list of tax rates for different states/countries and have HubSpot populate the field for them.
However, I understand that it’s quite hard for HubSpot to possible know ALL these tax rates (which may also vary by products). So perhaps customers can upload their own sheet of tax rates (e.g. by Country, State, product types) and select the tax rates that need to be applied on each quote. This can be similar to a custom property with dropdown options that are available from the quote creation page itself.
re #1: The usage of the Stripe integration becomes extremely limited if the tax that is applied in the quote does not go into the respective Stripe field for taxes when pulling a payment report in Stripe. That means an accounting team would have to go through each and every quote and deduct the taxes manually.
Idea would be to have basically a lookup list of Countries/States or products where the tax rate is shown depending on the bill to Country/State in the billing address
It feels to me like there’s an “easy” and reasonable way to give a bit more control and convenience to users (this example I remembered from Zoho) :
- Let users create a picklist of possible taxes they use (they name them, give them a %, etc.)
- When creating a quote, let them choose wich tax option (from the ones they’ve created) they want to use
- Apply the % on the amount
This way, users are responsible for adding and maintaining their tax rates, but at least it becomes standardized and easy for them to have tax on quotes. In this case, HubSpot is not responsible for maintaining any rate or anything, users are.
Apparently to the new law for our service about taxes…I would like to ask, if it is going to plan some new feature in Hubspot payments, where I can choose a country and automatically add a tax to my quote?
Hey folks, doing a little cleanup here and sorry for the slow reply on this one!
We’ve heard your feedback, and I’m happy to share that we’ve shipped some updates that speak directly to what you’re asking for here. You can now add tax rates at the line-item level on quotes, and we’ve introduced a tax rate library where you can create and manage your own reusable tax rates to apply across quotes. No more manually entering a percentage each time.
We’ve also added support for automated sales tax for buyers based in the U.S. and Canada, so HubSpot can handle the calculation for you based on the buyer’s location. For a full walkthrough of how to set up and use these features, check out this Knowledge Base article: Set up automated tax and tax rates
As always, drop any questions and we’ll do our best to help!
