When you set up your template for invoices under Settings > Document layout > Invoices, and you download our example template, you'll see the shortcode $LEGAL_NOTES$.
This shortcode will be replaced by the according VAT rule. Some VAT rules will be defined by default. The VAT rule will be displayed within your invoice under the articles:
In this example, the VAT rule is: exempt from Belgian VAT - art. 44, paragraph 2, 4 WBTW. This value would then be filled in in the shortcode $LEGAL_NOTES$.
Remarks:
For most of the VAT rates, you can edit the VAT rule by clicking on the pencil next to the VAT rule within the invoice contents.
! When the editing of booked invoices and credit notes is disabled in your account, you can't edit the VAT rules of an invoice anymore.
You can also set the new rule as default for this VAT rate by switching the toggle "Make this the default rule" to "Yes".
Under Settings > Revenue > Extra VAT rates > Show advanced options > 'Invoice VAT rules', you also have the option to create your own VAT rule or edit them.
When creating a credit note from your invoice, the shortcode $LEGAL_NOTES$ will display a reference to the linked invoice instead of the VAT rule: "This credit note is linked to invoice X"