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Stamp Duty
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Mr Stanley (UK)
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Stamp Duty
Thanks Ardus - there is an error in your formula. See Toppers reply.
Thank you anyway for your reply.
"Ardus Petus" wrote:
Say CELL is A1
=A1*IF(A1<250000,0.01,IF(A1<50000,0.03,0.04))
HTH
--
AP
"Mr Stanley (UK)" <Mr Stanley a écrit dans
le message de news:
...
I am trying to write a formula to calculate the stamp duty in the UK as
follows for Excel 2000. Below CELL is the value of the property purchased
i.e £310000
If CELL value < 250000 then answer = 1% of CELL value
If CELL value =250000 and <500000 then answer = 3% of CELL value
If CELL value 500000 then answer = 4% of CELL value
In the above example where CELL = 310000 the answer should be 9300
Thanks for your help
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