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I'm here to share some information about tax codes, @Grob.
The default tax codes in QuickBooks Online are unavailable.
I understand how this functionality would be beneficial to your business. I suggest sending feedback directly to our Product Development team. Doing so helps us improve your experience and the features of the program.
Here's how:
Additionally, I've added these resources that'll help you learn more about managing VAT: Set up and edit VAT settings, codes and rates in QuickBooks Online.
You're always welcome to get back on this thread if you have other questions or concerns regarding bank feeds and multi-currency accounts. We're here to help.