Untitled

#Question 16(a)
#Write your name here: Oliwier Nowak

print("Net Income= Gross wages - total tax\nTotal tax = (€36800 x 20%) + ((Gross Wages - €36800)  40%) - Tax Credits")

wages = int(input("Please enter your annual wages: "))

tax_credits = 1700
cutoff = 36800


def income_tax(wages):
    if wages <= cutoff:
        print("You pay no income tax")
    if wages >= cutoff:
        print("You will have to pay income tax")
    income_tax = (36800 * 0.2) + ((wages - 36800)*0.4-1700)
    percentage = ((income_tax/wages)*100)
    percentage = round(percentage, 2)
    print("Your income tax bill is:",income_tax,"€")
    print("he percentage you lost to tax was:",percentage,"%")
    print("Welcome to my income tax calculator")



income_tax(wages)