evelop a program that allow user (a company) to calculate their employees income tax. Formula: tax = (taxable yearly salary – the first RM in calculation) * excess tax + base tax Your output may look like this: user's output sample is shown below. Enter the employee ID here, employee names and taxable annual salary:
evelop a program that allow user (a company) to calculate their employees income tax. Formula: tax = (taxable yearly salary – the first RM in calculation) * excess tax + base tax Your output may look like this: user's output sample is shown below. Enter the employee ID here, employee names and taxable annual salary:
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...
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I want coding in python.
Develop a program that allow user (a company) to calculate their employees income tax.
Formula: tax = (taxable yearly salary – the first RM in calculation) * excess tax + base tax
Your output may look like this: user's output sample is shown below. Enter the employee ID here, employee names and taxable annual salary:
Transcribed Image Text:Num
Taxable Yearly Salary (RM)
Calculation (RM)
Base Tax (RM)
Excess Tax (%)
The first 5,000O
1
0- 20,000
The next 15,00O0
150
1
The first 20,000
2
20,001 - 50,000
300
The next 30,000
The first 50,000
50,001 – 100,000
1800
The next 50,000
21
The first 100,000
4
100,001 - 400,000
6,000
The next 300,000
24
The first 400,000
400,001 – 1,000,000
78,000
The next 600,000
26
The first 1,000,000
6
1,000,001 and more
234,000
The next RM
30
![TAX COMPUTATION SYSTEM
Employee ID: 0367
Employee name: Raihan
Taxable Yearly Salary: RM 76000
Employee ID:
Employee Name: Raihan
Taxable Yearly Salary: RM 76000
367
Таx: RM 7260.0
Do you want to continue? [yes=1, no=0] :1
Employee ID: 0589
Employee name: Fiona
Taxable Yearly Salary: RM 57000
Employee ID: 589
Employee Name: Fiona
Taxable Yearly Salary: RM 57000
Таx: RM 3270.0
Do you want to continue? [yes=1, no=0]:1
Employee ID: 0715
Employee name: Theo
Taxable Yearly Salary: RM 48900
Employee ID:
Employee Name: Theo
Taxable Yearly Salary: RM 48900
715
Таx: RM 1745.0
Do you want to continue? [yes=1, no=0]:0
Thank you, you have computed 3 employees tax](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7caf04d9-5f65-4f07-aa52-a24e4ff361e8%2F2b06e339-94ef-438b-a3a7-dac54db3aee6%2Fncwc6ra_processed.jpeg&w=3840&q=75)
Transcribed Image Text:TAX COMPUTATION SYSTEM
Employee ID: 0367
Employee name: Raihan
Taxable Yearly Salary: RM 76000
Employee ID:
Employee Name: Raihan
Taxable Yearly Salary: RM 76000
367
Таx: RM 7260.0
Do you want to continue? [yes=1, no=0] :1
Employee ID: 0589
Employee name: Fiona
Taxable Yearly Salary: RM 57000
Employee ID: 589
Employee Name: Fiona
Taxable Yearly Salary: RM 57000
Таx: RM 3270.0
Do you want to continue? [yes=1, no=0]:1
Employee ID: 0715
Employee name: Theo
Taxable Yearly Salary: RM 48900
Employee ID:
Employee Name: Theo
Taxable Yearly Salary: RM 48900
715
Таx: RM 1745.0
Do you want to continue? [yes=1, no=0]:0
Thank you, you have computed 3 employees tax
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