Conditional formula

atmicmu

New Member
Joined
Jul 16, 2018
Messages
2
I need some help :)

(don't worry about the dutch words, not important for the question)

So I'm making a sheet that can keep my income and costs every month and calculate my taxes etc automaticly.
Fot taxes and other stuff in Belgium we use a system based on net income according to the following table;

BelastingschijfInkomensschijfTarief belasting
Schijf 1€ 0 tot €12 99025%
Schijf 2€ 12 990,01 t/m € 22 29040%
Schijf 3€ 22 290,01 t/m € 39 66045%
Schijf 4Meer dan 39 660,01 euro50%

<tbody style="box-sizing: border-box;">
</tbody>

So, what I can't find is how to formulate in 1 cell that the % tax has to be according to this table?

Thanks for helping!
 

Excel Facts

Which Excel functions can ignore hidden rows?
The SUBTOTAL and AGGREGATE functions ignore hidden rows. AGGREGATE can also exclude error cells and more.
Not sure how this converts to Dutch format formula but here's what I'd do:


Book1
ABC
1AmountTax %Tax Value
2€ 10,000.0025%€ 2,500.00
3€ 12,990.0025%€ 3,247.50
4€ 12,990.0140%€ 5,196.00
5€ 15,000.0040%€ 6,000.00
6€ 20,000.0040%€ 8,000.00
7€ 25,000.0045%€ 11,250.00
8€ 30,000.0045%€ 13,500.00
9€ 40,000.0050%€ 20,000.00
Sheet1
Cell Formulas
RangeFormula
B2=VLOOKUP($A2,{0,0.25;12990.01,0.4;22290.01,0.45;39660.01,0.5},2,TRUE)
C2=$A2*$B2


Maybe it's:

Code:
=VLOOKUP($A2,{0\0.25;12990,01\0.4;22290,01\0.45;39660,01\0.5},2,TRUE)

WBD
 
Upvote 0
Thank you WBD!

I think I understand where you are going with this. What I need is the following;

When my total income minus costs = X
And the calculation you make is Y

How do i: Create 1 cell that automaticly looks at X and decides what % to use (Y) to give me a total that is (gros-taxes=net)
 
Upvote 0
I guess that would be column D:


Book1
ABCD
1AmountTax %Tax ValueNet
2€ 10,000.0025%€ 2,500.00€ 7,500.00
3€ 12,990.0025%€ 3,247.50€ 9,742.50
4€ 12,990.0140%€ 5,196.00€ 7,794.01
5€ 15,000.0040%€ 6,000.00€ 9,000.00
6€ 20,000.0040%€ 8,000.00€ 12,000.00
7€ 25,000.0045%€ 11,250.00€ 13,750.00
8€ 30,000.0045%€ 13,500.00€ 16,500.00
9€ 40,000.0050%€ 20,000.00€ 20,000.00
Sheet1
Cell Formulas
RangeFormula
B2=VLOOKUP($A2,{0,0.25;12990.01,0.4;22290.01,0.45;39660.01,0.5},2,TRUE)
C2=$A2*$B2
D2=$A2*(1-VLOOKUP($A2,{0,0.25;12990.01,0.4;22290.01,0.45;39660.01,0.5},2,TRUE))


WBD
 
Upvote 0

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