For this Python program, you are required to use appropriate variable names (follow the naming conventions). Also make use of comments in your code for better understanding of the logic.

A program in Python(visual Studio 3) to prompt the user to input their name, employee number, week ending date, hours worked, rate per hour, standard and overtime tax percentage rate. Use the data input to calculate gross pay, tax deductions and net pay. Output the results as a formatted payslip. Assume that a standard working week is 37.5 hours.

E.g. Ask the user to enter the following data:

Employee Name: (sample input - Mark Bate)

Employee Number: (sample input - 123456789A)

Week ending: (sample input - 26/01/2018)

Number of hours worked: (sample input - 42.5)

Hourly Rate: (sample input - 10.50)

Overtime Rate: (time-and-a-half as 1.5)

Standard Tax Rate: (sample input - 20)

Overtime Tax Rate: (sample input - 50)

Output like this is required :

PAYSLIP

WEEK ENDING 26/01/2018

Employee: Mark Bate

Employee Number: 123456789A

Earnings Deductions

Hours Rate Total

Hours (normal) 37.50 10.50 393.75 Tax @ 20% 78.75

Hours (overtime) 5.00 15.75 78.75 Tax @ 50% 39.37

Total pay: 472.50

Total deductions: 118.12

Net pay: 354.38