Hi everyone,
I'm trying to make my own income tax, and tax withheld spreadsheet, but my formula is slightly out compared to the one that the Australian Tax Office use. I'm trying to work out how they come up with their calculations.
My yearly tax rates work out correctly, but I can';t seem to break it down to weekly?
I have attached my spreadsheet, and the ATO one.
Many thanks for your help.
Scott.
e18 =(VLookup($C$3,$E$7:$G$11,2,1)+(($C$3-VLookup($C$3,$E$7:$G$11,1,1))*VLookup($C$3,$E$7:$G$11,3,1)))/52
I showed the individual formula in E16 - J16.
See the attached file.
Notice my main language is not English.
I appreciate it, if you reply on my solution.
If you are satisfied with the solution, please mark the question solved.
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