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Help me out writing a critical formula !

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  1. #1
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    Help me out writing a critical formula !

    Hello,

    I have a small office and i need help writing a formula that would help me calculating the income tax.
    The income tax is 0% if your monthly salary is between 0-1000
    The income tax is 7% if your monthly salary is between 1000-2000
    The income tax is 14% if your monthly salary is over 2000

    As an example : if someone's salary is 1400 , the first 1000 has 0% tax , but the 400 has 7%
    another one , if someone's salary is 2100 , the first 1000 has 0% tax , 7% for 1000 , and 14% for 100

    I wish that anyone can help me to write a formula to solve this !!

    Thank you so so much guys

    Best Regards,
    Mughrabi


    ---------- Post added at 05:50 AM ---------- Previous post was at 05:49 AM ----------

    Forgot to mention that i am using Excel 2007

  2. #2
    Forum Moderator - RIP Richard Buttrey's Avatar
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    Re: Help me out writing a critical formula !

    Your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution. Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.
    To change a Title on your post, click EDIT then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.

    Richard Buttrey

    RIP - d. 06/10/2022

    If any of the responses have helped then please consider rating them by clicking the small star icon below the post.

  3. #3
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    Re: Help me out writing a critical formula !

    Post removed until OP complies with title change.

    Sorry, I was busy replying when the request came in.

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