Hi,
I am trying to put a formula in Australian ETP capping tax but I am having trouble. I have attached the spreadsheet in question should anyone like to help me. What I need is on the "ETP calc on TIL" worksheet cel D21 is to show the dollar amount upto $180K which includes the ETP payment.
I have tried numerous formulas but the one that is on the spreadsheet now is only working if the total whole of income is under the capping or if it is over the capping the ETP payment is less than the amount over the capping. If the total whole of income is greater than the ETP payment it is returning a negative amount.Redundancy Template WIP.xlsx
Thanking you in anticipation.
Belinda
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