![]() Only the cells with yellow cell backgrounds require user input - all other calculations are automated. Monthly - this sheet enables users to perform monthly income tax calculations based on variable monthly earnings and annual bonus amounts. ![]() Only the cells with yellow cell backgrounds require user input and all calculations are automated. TaxCalc - this sheet contains the annual income tax, monthly salary and annual bonus calculations. All the income tax & monthly salary calculations are automated and user input is limited to only a few earnings & deduction amounts. ![]() ![]() The template design incorporates seven default tax brackets but you can add additional tax brackets if your region requires more tax brackets. This template enables users to perform annual income tax & monthly salary calculations based on multiple tax brackets (also referred to as a sliding income scale) and a number of other income tax & salary calculation variables. ![]()
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