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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)
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:

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
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
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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