---
title: "Updates a Tax rate"
method: PUT
path: "/api/2026-10-01/resources/finance/tax_rates/{id}"
tags: ["Finance > TaxRate"]
---

# Updates a Tax rate

`PUT /api/2026-10-01/resources/finance/tax_rates/{id}`

## Request

- Base URL: `https://api.factorialhr.com`
- URL: `https://api.factorialhr.com/api/2026-10-01/resources/finance/tax_rates/{id}`
- Auth: API key in header `x-api-key`

Updates a Tax rate

## Path parameters

- `id` string, required

## Request body

- object
  - `id` string, required: The id of the tax rate.
  - `description` string: An optional text describing the tax rate's purpose or context.

## Response `200`

OK

- FinanceTaxRate
  - `id` string, required: Factorial id
  - `rate` number, required: Specifies the numerical percentage for the tax rate between -1 and 1.
  - `description` string: An optional text describing the tax rate's purpose or context.
  - `tax_type_id` string, required: The identifier of the related TaxType record.
  - `external_id` string: The external id of the tax rate.
  - `updated_at` string, required: Last update date of the tax rate.

## Changes

- **2026-11-03** `83ac9aa1de50`: 1 info
  - endpoint added

[Operation history](https://skmtc.dev/factorialhr/apis/factorial-api/changes/api/2026-10-01/resources/finance/tax_rates/:id/put.md)

---

[API](https://skmtc.dev/factorialhr/apis/factorial-api.md) - [All operations](https://skmtc.dev/factorialhr/apis/factorial-api/llms.txt) - [OpenAPI document](https://skmtc.dev/factorialhr/apis/factorial-api/revisions/83ac9aa1de50?raw)