1 % Define variables: 2 % income -- Income in PHP 3 % tax2018 -- Tax 2018 owed in PHP. 4 % tax2023 -- Tax 2023 owed in PHP 5 % Simulate: Prompt the user for the input power. 6 sampleData = [250000 400000 800000 2000000 8000000 10000000]: 7 income = sampleData(1,randi([1,6])); 8 fprintf('Taxible income: Php %0.2f \n',income); 9 % Calculate 2023 basic tax 10 11 12 13 14 15 16 17 18 19 20 21 22 23 % Calculate 2018 basic tax 24 25 26 27 28 29 30 31 32 33 35 36 37 % How much less tax was paid in 2009? Use tax diff as a variable 38
1 % Define variables: 2 % income -- Income in PHP 3 % tax2018 -- Tax 2018 owed in PHP. 4 % tax2023 -- Tax 2023 owed in PHP 5 % Simulate: Prompt the user for the input power. 6 sampleData = [250000 400000 800000 2000000 8000000 10000000]: 7 income = sampleData(1,randi([1,6])); 8 fprintf('Taxible income: Php %0.2f \n',income); 9 % Calculate 2023 basic tax 10 11 12 13 14 15 16 17 18 19 20 21 22 23 % Calculate 2018 basic tax 24 25 26 27 28 29 30 31 32 33 35 36 37 % How much less tax was paid in 2009? Use tax diff as a variable 38
Computer Networking: A Top-Down Approach (7th Edition)
7th Edition
ISBN:9780133594140
Author:James Kurose, Keith Ross
Publisher:James Kurose, Keith Ross
Chapter1: Computer Networks And The Internet
Section: Chapter Questions
Problem R1RQ: What is the difference between a host and an end system? List several different types of end...
Related questions
Question
![A19 3Q2122
MP9
MP 9.5
Tax Problems 2
According to the site Worldwide Tax Summaries, the table below is the tax matrix used for a common Filipino worker individual last January 2018:
Taxable income (PHP)
Tax on column 1 (PHP)
Tax on excess (%)
Over
Not over
250.000
250.000
400 000
20
400.000
800.000
30.000
25
800 000
2,000,000
130,000
30
2,000.000
8,000,000
490 000
32
8,000,000
2.410 000
35
But on the begining of January 2023 the said table will be updated to the table indicated below:
Taxable income (PHP)
Tax on column 1 (PHP)
Tax on excess (%)
Over
Not over
250.000
250,000
400 000
15
400 000
800,000
22.500
20
800,000
2,000,000
102 500
25
2.000,000
8.000 000
402.500
30
8,000,000
2 202 500
35
Write a program to calculate how much
less income tax a person paid on a given amount of income in 2023 than he or she would have paid in 2018.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F19103c49-f1a5-40ad-bc65-c70f6325c892%2F729dc080-9903-41a6-9109-d012301a25bd%2Ffhclrwy_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A19 3Q2122
MP9
MP 9.5
Tax Problems 2
According to the site Worldwide Tax Summaries, the table below is the tax matrix used for a common Filipino worker individual last January 2018:
Taxable income (PHP)
Tax on column 1 (PHP)
Tax on excess (%)
Over
Not over
250.000
250.000
400 000
20
400.000
800.000
30.000
25
800 000
2,000,000
130,000
30
2,000.000
8,000,000
490 000
32
8,000,000
2.410 000
35
But on the begining of January 2023 the said table will be updated to the table indicated below:
Taxable income (PHP)
Tax on column 1 (PHP)
Tax on excess (%)
Over
Not over
250.000
250,000
400 000
15
400 000
800,000
22.500
20
800,000
2,000,000
102 500
25
2.000,000
8.000 000
402.500
30
8,000,000
2 202 500
35
Write a program to calculate how much
less income tax a person paid on a given amount of income in 2023 than he or she would have paid in 2018.
![1 % Define variables:
2 % income
-- Income in PHP
3 % tax2018 -- Tax 2018 owedin PHP
4 % tax2023 -- Tax 2023 owedin PHP
5 % Simulate: Prompt the user for the input power.
6 sampleData = [250000 400000 800000 2000000 8000000 100000ø0]:
7 income = sampleData (1, randi((1,6]));
8 fprintf('Taxible income: Php %0.2f \n',income);
9 % Calculate 2023 basic tax
10
11
12
13
14
15
16
17
18
19
20
21
22
23 % Calculate 2018 basic tax
24
25
26
27
28
29
30
32
33
34
35
36
37 % How much less tax was paid in 2009? Use tax diff as a variable
38](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F19103c49-f1a5-40ad-bc65-c70f6325c892%2F729dc080-9903-41a6-9109-d012301a25bd%2F9xkqidb_processed.jpeg&w=3840&q=75)
Transcribed Image Text:1 % Define variables:
2 % income
-- Income in PHP
3 % tax2018 -- Tax 2018 owedin PHP
4 % tax2023 -- Tax 2023 owedin PHP
5 % Simulate: Prompt the user for the input power.
6 sampleData = [250000 400000 800000 2000000 8000000 100000ø0]:
7 income = sampleData (1, randi((1,6]));
8 fprintf('Taxible income: Php %0.2f \n',income);
9 % Calculate 2023 basic tax
10
11
12
13
14
15
16
17
18
19
20
21
22
23 % Calculate 2018 basic tax
24
25
26
27
28
29
30
32
33
34
35
36
37 % How much less tax was paid in 2009? Use tax diff as a variable
38
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