Hi all,
I need to set a salary rule for computing PAYE (Tax) based on ranges of salary paid on a weekly basis. I'll explain below.
For our country, the tax for employees is set based on weekly pay as follows
- on $0 to $211 there is no tax
- on $212 tax is $0.08
- on $213 to $576 tax is $0.17 for every $
- on $577 and up tax is $0.27 for every $ (however, I want to cap it at 1000, so $577 to $1000)
How would you put this into a Python Code to be computed?
Any help would be greatly appreciated.
Mick