Tax.py

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Tax.py

x = float(input("Enter the taxable income: "))

if x < 11604:
    t = 0

if 11604 < x <= 17005:
    y = (x - 11604) / 10000
    t = (922.98 * y + 1400) * y

if 17005 < x <= 66760:
    z = (x - 17005) / 10000
    t = (181.19 * z + 2397) * z + 1025.38

if 66760 < x <= 277825:
    t = 0.42 * x - 10602.13

if 277825 < x:
    t = 0.45 * x - 18936.88

ni = x - t

print("The tax to pay is ", t)
print("The net income is ", ni)