Invoice Template with Two VAT Tax Rates - Version 1.10 This free VAT invoice template has two VAT rates that can be set on the bottom of the invoice form. When creating an invoice, you choose the tax category from a dropdown list for each invoicing item; the invoice template calculates tax using the tax rate determined by the tax category. If the client has a 'VAT #' (or VAT registration number), then it is VAT-exempt. For each line of the invoicing item, there is also a 'Taxable' checkbox located near the left side of the print area. If an invoicing item is not taxable, uncheck this box to instruct the invoice template not to calculate tax for this invoicing item.The 'Taxable' checkbox column, 'Tax Category' dropdown list column and tax amount column are all located outside the print area. This makes sure that the invoice template will not print these columns. This form design leaves more space for you to enter product/item description on the invoice body. The print area, which is identified by Excel range name 'Print_Area', defines what to print when you