Question: Im looking for an Excel formula to make a spreadsheet that does the following. I was to find the tax needed to pay formula. If
Im looking for an Excel formula to make a spreadsheet that does the following.
I was to find the tax needed to pay formula.
If the tax free threshold is 18200, and for every $1 over that tax is 19 cents tax.
Can anyone pls help with a formula. I know that obviously the 18200 has to be divided by 52 to get a rough idea of what the tax free threshold is for each week, but then I need the formula to find the $$ of tax over the $350 a week . . Please and thank you
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