Home |
Search |
Today's Posts |
#1
![]()
Posted to microsoft.public.excel.misc
|
|||
|
|||
![]()
Hi all
Further to yesterday, apparently I got the requirements wrong. Instead of a simple if statement to get the right % for a range of values like so: 0-3,500 = 0.5% 3,501-10,000 = 1.0% 10,001-upwards = 1.5% I now need to have it as all amounts up to 3,500 to be taxed at 0.5%, any amount over that the difference taxed at 1% up until 10,000 and then the remainder over 10,000 to be taxed at 1.5%. I.e. if we had an amount of 12,000 then the first 3,500 would be taxed at 0.5% = 17.5, the next 6,500 (10,000-3,500) at 1% = 65 and then the remaining 2,000 at 1.5% = 30 to give a total final result of 112.5. Current formula to get the tax brackets is =IF(G1<=3500,0.005,IF(G1<=10000,0.01,0.015))*G1 Thanks in advance, Mike |
Thread Tools | Search this Thread |
Display Modes | |
|
|
![]() |
||||
Thread | Forum | |||
SUMIF statement with AND statement | Excel Discussion (Misc queries) | |||
need to insert the symbol for pi--any thoughts? | Excel Worksheet Functions | |||
appending and IF statement to an existing IF statement | Excel Worksheet Functions | |||
hyperlinks in a spreadsheet keep breaking - any thoughts ? | Excel Discussion (Misc queries) | |||
Any thoughts on repetetive row inserts and copying???? | Excel Discussion (Misc queries) |