Tax Information includes a range of options for incorporating a general tax or levy across the values of your project. This ultimately provides a clearer understanding of the tax included in the work performed through the project.
To change the information in this section, click the Edit button in the ribbon menu.
Project Properties window – Tax Information
OPTION |
DESCRIPTION |
---|---|
Tax Name |
The text entered here will be displayed as the identifier for the sales tax that will be applied to the project. Example: GST (Goods and Services Tax). |
Rate |
Specifies the percentage used when calculating the total tax amount for the project. |
Provisional Sums Include |
Allows you to choose whether the value of a Provisional Sum Item is inclusive or exclusive of tax and is reflected in the Project Summary window. Example: With the checkbox enabled, the Provisional Sum item of 1,100 will display as 1,000 (excluding sales tax) in the Project Summary window. If not enabled, the Project Summary will display as 1,100 (including sales tax). |
The values generated by the Sales Tax will be displayed: