Matt Dwen mattdwen
danielcompton
/ gist:6724333
Created
September 27, 2013 04:53
Excel formula for calculating NZ tax paid on annual income.
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| =IF(B2<=14000,SUM(B2*10.5%),IF(B2<=48000,SUM(B2-14000)*17.5%+1470,IF(B2<=70000,SUM(B2-48000)*30%+7420,IF(B2>=70001,SUM(B2-70000)*33%+14020)))) |