alangrainger/gist:d58d2011257ff0de7f39a0320f59848f

Last active July 7, 2020 01:21

Star () You must be signed in to star a gist
Fork () You must be signed in to fork a gist

Learn more about clone URLs
Clone this repository at <script src="https://gist.github.com/alangrainger/d58d2011257ff0de7f39a0320f59848f.js"></script>
Save alangrainger/d58d2011257ff0de7f39a0320f59848f to your computer and use it in GitHub Desktop.

Download ZIP

Formula for calculating NZ Income Tax / PAYE on monthly income. Works for Excel or Google Sheets.

Raw

gistfile1.txt

=IF(E2<=1166.67,SUM(E2*10.5%),IF(E2<=4000,SUM(E2-1166.67)*17.5%+122.5,IF(E2<=5833.33,SUM(E2-4000)*30%+618.33,SUM(E2-5833.33)*33%+1168.33)))

Sign up for free to join this conversation on GitHub. Already have an account? Sign in to comment