ato-calc.py

# Ask the user for their salary before tax
try:
    salary = float(input("Enter your salary before tax: $"))

    # Initialize tax variable
    tax_paid = 0.0

    # Calculate tax using if and nested if-else statements based on ATO brackets
    if salary <= 18200:
        # Bracket 1: $0 - $18,200 = Nil
        tax_paid = 0.0
    else:
        # Nested if-else for income over $18,200
        if salary <= 45000:
            # Bracket 2: $18,201 - $45,000 = 16 cents for each $1 over $18,200
            tax_paid = (salary - 18200) * 0.16
        else:
            if salary <= 135000:
                # Bracket 3: $45,001 - $135,000 = $4,288 + 30 cents for each $1 over $45,000
                tax_paid = 4288 + (salary - 45000) * 0.30
            else:
                # Income above the provided brackets
                # Assuming the user stays within the provided logic scope:
                print("Note: Salary exceeds the provided tax bracket table ($135,000).")
                tax_paid = 4288 + (salary - 45000) * 0.30

    # Calculate income after tax
    income_after_tax = salary - tax_paid

    # Display the results
    print(f"\n--- Tax Calculation Summary ---")
    print(f"Gross Salary:      ${salary:,.2f}")
    print(f"Personal Income Tax Paid: ${tax_paid:,.2f}")
    print(f"Income After Tax:  ${income_after_tax:,.2f}")

except ValueError:
    print("Invalid input. Please enter a numeric value for the salary.")