=+IF(B2<=35000,B2*20%,IF(B2>=35000.01*40%,IF(B2>=149999,B2*50%,"")))
not 100% sure what your after see if this is close.
On Sat, Apr 9, 2011 at 6:49 AM, srinivas m <srinivas.m4...@gmail.com> wrote:

> Hi Team,
>
> This is srinivas.
>
> I am working in a MNC company. I need to calculate tax for UK employees
> every month.
>
> UK tax works on different tax codes  basis and slabs which are mentioned
> below.
>
> example is attached :
>
> Slabs are  0-35000 -20%
>            35001 -1500000-40%
>            > 150000 -50%
> Please let me know if you need any additional information.
>
> Thanks and Regards,
> Sreeni
>
>
>
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