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Feedback on salary calculator.
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Feedback on salary calculator.
#1
Hi all looking for any feedback for my little calculator that I made this morning.

A couple of us are looking at taking some weekend work to boost our income but couldn’t find an calculator for two incomes so decided to make one following the local governments guidelines for tax/wages/national insurance

this was done entirely on a phone so hopefully the formatting isn’t too bad!

 #Author Harry O'Neill


Job_One_Income = float(input("What is the hourly rate of your first income? :"))
Job_One_Hours = float(input("How many hours are you paid for working in your first job per week? :"))
Job_One_Yearly_Income = float(round(Job_One_Income * Job_One_Hours * 52,2))

Job_Two_Income = float(input("What is the hourly rate of your second income? :"))
Job_Two_Hours = float(input("How many hours are you paid for working in your second job per week? :"))
Job_Two_Yearly_Income = float(round(Job_Two_Income * Job_Two_Hours * 52, 2))

National_Insurance = 12 # 12% after £183
Tax_Limit = 37000
Tax_Allowance = 12500

Yearly_Income = Job_One_Yearly_Income + Job_Two_Yearly_Income
Weekly_Income = Yearly_Income / 52
Weekly_NI =((Weekly_Income - 183) * 0.12)

Yearly_Taxable_Income = Job_One_Yearly_Income + Job_Two_Yearly_Income - Tax_Allowance
Weekly_Taxable_Income = Yearly_Taxable_Income / 52

if Yearly_Taxable_Income <= (Tax_Limit + Tax_Allowance):
	Weekly_Tax = (Weekly_Taxable_Income * 0.20)
	
else:
	Weekly_Tax = (Weekly_Taxable_Income * 0.40)	

Yearly_Tax = round(Weekly_Tax * 52,2)

Weekly_Take_Home = round(Weekly_Income - Weekly_NI - Weekly_Tax,2)

Yearly_Take_Home = round(Weekly_Take_Home * 52,2)


Monthly_Take_Home = round(Yearly_Take_Home / 12,2)

print("\n")

print(f"Yearly Income : £{Yearly_Take_Home} \n")
print(f"Monthly Income : £{Monthly_Take_Home}\n")
print(f"Weekly Income : £{Weekly_Take_Home}\n")


if Yearly_Income <=(Tax_Limit + Tax_Allowance):
	print(f"your income is within the lower tax bracket and you will be taxed £{Yearly_Tax} per year ")
	
else:
	print(f"You are earning above the tax limit and will be taxed highly at £{Yearly_Tax} per year")
What do you think to this? Would you have done anything differently? Looking to improve my python hence my posting today.
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