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In LAB 50 version 7, changing the VAT rate requires changes in the Store Management section of the software.

The steps are the following:

1. Click on the Store Management tab on the top tab fields. (see image below)

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2. Click on the Tax Rule section. (see image below)

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3. If you don’t have an existing Tax Rule, simply click on New or Create a new Tax Rule. If there’s an existing rule, double-click on this specific Tax Rule. ( see image below)

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4. Once, the tax rule section open, please make sure you pick the VAT field in order to perform the change. (see image below)

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5. Make sure you press Save to retain the changes in LAB50.