Setting up progressive tax rates

[Dima - hotmail]

thanks Derek,
it is exactly requirements from payroll.....
I'm just on the way of choosing the right solution that would feet my 
requirements...
So it's seems that I have to manage several programs that could help me to 
cover the basics of SMB needs.....
But, even I created those tables - how should I deal if the amount falls in 
between?
The idea was to automatically compute the taxes to be withheld ... 
(currently it is being done with excel sheet - that requires a lot of 
efforts on verifying the correctness.....)


--------------------------------------------------
From: "Derek Atkins" <warlord at MIT.EDU>
Sent: Monday, October 06, 2008 11:23 PM
To: "Dima - hotmail" <dimamushta at hotmail.com>
Cc: <gnucash-user at gnucash.org>
Subject: Re: Setting up progressive tax rates

> Hi,
>
> Quoting Dima - hotmail <dimamushta at hotmail.com>:
>
>> Hi All,
>>
>> I have a situation when I needed to calculate the tax which has base 
>> brackets, the example is as follows:
>> from 0 to 200 - tax 5%
>> from 201 to 500 - tax 10%
>> from 501 to 2000 - tax 15%
>> from 2001 to 3000 tax 20%
>> from 3001 to 4000 tax 25%
>> from 4001 to 5000 tax 30%
>> above 5001 - tax 35%
>>
>> So - the question is - is it possible somehow to setup the system to 
>> calculate said scheme?
>
> Not directly, no.  You could do it with a set of seven different
> tax tables (one for each bracket).
>
> Having this kind of dynamic tax table is much of the work for a payroll
> system (which GnuCash does not have).  Adding it would be a welcome
> addition but nobody is working on it now.
>
>> Thanks in advance,
>>
>> Dmitry
>
>> Please remember to CC this list on all your replies.
>> You can do this by using Reply-To-List or Reply-All.
>
> -derek
> -- 
>       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
>       Member, MIT Student Information Processing Board  (SIPB)
>       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
>       warlord at MIT.EDU                        PGP key available
>
>