How to create a WordPress custom post taxonomy

//* Create SERVICE TYPE custom taxonomy

add_action( 'init', 'kembel_servicestype_taxonomy' );
function kembel_servicestype_taxonomy() {


register_taxonomy( 'services', 'service',
array(
'labels' => array(
'name' => _x( 'Services Type', 'taxonomy general name', 'kembel' ),
'add_new_item' => __( 'Add New Services Type', 'kembel' ),
'new_item_name' => __( 'New Services Type', 'kembel' ),

),
'exclude_from_search' => false,
'has_archive' => true,
'hierarchical' => false, // this should be false if you want to re-order your list with 'menu order', or true if you want "parents"
'rewrite' => array( 'slug' => 'services', 'with_front' => false ),
'show_ui' => true,
'show_tagcloud' => false,
)
);

}