You can use tax tables to record the relationship and gap between the nominal tax rates and the actual tax rates paid by the customer. A tax bracket is the range of amounts subject to a specific tax rate. You can create several tax brackets within a tax table.
Go to Administration > Financial Settings > Tax Tables.
Choose one of the following:
To create a new tax table, click Add New.
To modify an existing tax table, click the Description of the tax table that you want to modify.
Enter the percentage of the nominal tax in the Nominal Tax Rate box.
Click Save.
Adding or modifying a tax bracket