Weekly Wage Tax Calculator

Weekly Wage Tax Calculator – Calculate Your Take-Home Pay :root { –primary-color: #004a99; –success-color: #28a745; –background-color: #f8f9fa; –text-color: #333; –border-color: #ccc; –card-background: #fff; –shadow: 0 2px 5px rgba(0,0,0,0.1); } body { font-family: 'Segoe UI', Tahoma, Geneva, Verdana, sans-serif; background-color: var(–background-color); color: var(–text-color); line-height: 1.6; margin: 0; padding: 0; display: flex; flex-direction: column; align-items: center; } .container { width: 100%; max-width: 960px; margin: 20px auto; padding: 20px; background-color: var(–card-background); border-radius: 8px; box-shadow: var(–shadow); } header { background-color: var(–primary-color); color: white; padding: 20px 0; text-align: center; width: 100%; } header h1 { margin: 0; font-size: 2.5em; } main { padding: 20px 0; } h1, h2, h3 { color: var(–primary-color); } h1 { font-size: 2em; margin-bottom: 15px; } h2 { font-size: 1.7em; margin-top: 30px; margin-bottom: 15px; border-bottom: 2px solid var(–primary-color); 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Weekly Wage Tax Calculator

Calculate Your Weekly Tax

Enter your gross weekly wage and select your tax jurisdiction to estimate your net pay after income tax deductions.

Your total earnings before any deductions.
United States (Federal) United Kingdom Canada Australia Select the country or region for tax rates.

Your Estimated Weekly Take-Home Pay

Net Weekly Wage: $0.00
$0.00
Estimated tax is calculated based on gross wage, applicable tax brackets, and standard deductions for the selected jurisdiction.

Key Intermediate Values:

Gross Weekly Wage: $0.00
Estimated Tax: $0.00
Taxable Income: $0.00

Weekly Income Breakdown

Gross Wage Net Wage Estimated Tax

Tax Brackets & Rates (Illustrative)

Bracket Rate (%) Income Range ($)

What is a Weekly Wage Tax Calculator?

A weekly wage tax calculator is a specialized financial tool designed to estimate the amount of income tax deducted from an individual's gross earnings on a weekly basis. It helps employees understand their net pay—the amount they actually receive after taxes—and provides clarity on how different tax rates and brackets affect their take-home income. This calculator is particularly useful for individuals paid weekly, allowing them to budget more effectively and plan their finances with greater accuracy.

Who should use it? Anyone who receives a weekly salary or wage, especially those in countries with progressive tax systems. This includes hourly workers, salaried employees paid weekly, freelancers, and gig economy workers who receive regular weekly payments. It's also beneficial for financial advisors and HR departments to provide quick estimates to employees.

Common misconceptions about weekly wage tax include believing that the tax rate is a flat percentage applied to the entire income, or underestimating the impact of tax brackets. Many also overlook potential deductions or credits that could reduce their overall tax liability. This weekly wage tax calculator aims to demystify these complexities.

Weekly Wage Tax Calculator Formula and Mathematical Explanation

The core of the weekly wage tax calculator involves applying progressive tax rates to different portions of an individual's gross weekly income. The exact formula varies significantly by jurisdiction (country, state, or province), but the general principle remains consistent.

General Formula Derivation:

  1. Determine Taxable Income: Gross Weekly Wage – Applicable Deductions (e.g., standard deduction, pre-tax contributions). For simplicity in this calculator, we often assume standard deductions are factored into the tax bracket definitions or are minimal for a basic estimate.
  2. Apply Tax Brackets: The taxable income is divided into segments, each corresponding to a specific tax bracket. Income within each bracket is taxed at that bracket's specific rate.
  3. Calculate Tax per Bracket: For each bracket, the tax is calculated as: (Income within the bracket) * (Tax Rate for that bracket).
  4. Sum Total Tax: The total estimated tax is the sum of the taxes calculated for each bracket.
  5. Calculate Net Wage: Net Weekly Wage = Gross Weekly Wage – Total Estimated Tax.

Variable Explanations:

  • Gross Weekly Wage (GW): The total amount earned before any taxes or deductions.
  • Taxable Income (TI): The portion of income subject to tax. TI = GW – Deductions.
  • Tax Rate (TR): The percentage of income taxed within a specific bracket.
  • Bracket Lower Bound (BLB): The minimum income for a tax bracket.
  • Bracket Upper Bound (BUB): The maximum income for a tax bracket.
  • Estimated Tax (ET): The total income tax liability.
  • Net Weekly Wage (NW): The final take-home pay. NW = GW – ET.

Variables Table:

Key Variables in Weekly Wage Tax Calculation
Variable Meaning Unit Typical Range
GW Gross Weekly Wage Currency ($) $100 – $5,000+
TI Taxable Income Currency ($) $0 – GW
TR Tax Rate Percentage (%) 0% – 50%+
BLB Bracket Lower Bound Currency ($) $0, $10,000 (annualized) etc.
BUB Bracket Upper Bound Currency ($) $20,000 (annualized) etc.
ET Estimated Tax Currency ($) $0 – GW
NW Net Weekly Wage Currency ($) $0 – GW

Note: Tax brackets are often defined annually and then divided by 52 for weekly calculations. This calculator uses simplified, illustrative rates and brackets for demonstration.

Practical Examples (Real-World Use Cases)

Let's illustrate how the weekly wage tax calculator works with practical examples:

Example 1: Salaried Employee in the US

Scenario: Sarah earns a fixed gross salary of $1,200 per week in the United States. We'll use simplified US federal tax brackets (annualized and divided by 52 for weekly approximation).

  • Gross Weekly Wage: $1,200
  • Jurisdiction: United States (Federal)

Calculation Steps (Illustrative):

  1. Assume simplified weekly brackets: 10% on income up to $200, 12% on income from $200.01 to $800, 22% on income above $800.
  2. Tax on first $200: $200 * 10% = $20.00
  3. Tax on next $600 ($800 – $200): $600 * 12% = $72.00
  4. Tax on remaining $400 ($1,200 – $800): $400 * 22% = $88.00
  5. Total Estimated Tax: $20.00 + $72.00 + $88.00 = $180.00
  6. Net Weekly Wage: $1,200 – $180.00 = $1,020.00

Result Interpretation: Sarah's estimated take-home pay is $1,020.00 per week. The calculator helps visualize that higher portions of her income are taxed at higher rates.

Example 2: Hourly Worker in the UK

Scenario: David works 35 hours a week at $20/hour in the United Kingdom. His gross weekly wage is $700.

  • Gross Weekly Wage: $700
  • Jurisdiction: United Kingdom

Calculation Steps (Illustrative using UK tax bands):

  1. Assume simplified weekly tax bands based on UK's Personal Allowance and basic rate: Taxable income up to £175/week (approx. £9100/year) is taxed at 20%. Income above that is taxed at higher rates.
  2. Tax on first $175: $175 * 20% = $35.00
  3. Remaining income: $700 – $175 = $525
  4. Assume this remaining income falls into the basic rate band for simplicity. Tax on remaining $525: $525 * 20% = $105.00
  5. Total Estimated Tax: $35.00 + $105.00 = $140.00
  6. Net Weekly Wage: $700 – $140.00 = $560.00

Result Interpretation: David's estimated net weekly wage is $560.00. This calculation highlights the impact of the UK's tax-free Personal Allowance, which reduces the amount of income subject to tax initially.

How to Use This Weekly Wage Tax Calculator

Using the weekly wage tax calculator is straightforward. Follow these steps to get an accurate estimate of your take-home pay:

  1. Enter Gross Weekly Wage: Input the total amount you earn before any taxes or deductions into the "Gross Weekly Wage" field. Ensure you enter the correct figure for your most recent pay period.
  2. Select Tax Jurisdiction: Choose the country or region relevant to your employment from the "Tax Jurisdiction" dropdown menu. This is crucial as tax laws vary significantly worldwide.
  3. Calculate: Click the "Calculate Tax" button. The calculator will process your inputs based on the selected jurisdiction's tax rules.

How to Read Results:

  • Net Weekly Wage: This is the primary result, showing your estimated take-home pay after income tax.
  • Estimated Tax: Displays the total amount of income tax deducted.
  • Taxable Income: Shows the portion of your gross wage that is subject to tax.
  • Tax Brackets Table: Provides an overview of the tax rates and income ranges used in the calculation for the selected jurisdiction. This helps understand how your income is taxed progressively.
  • Income Breakdown Chart: Visually represents how your gross wage is divided between net wage and estimated tax.

Decision-Making Guidance: Use the results to understand your current financial situation. If your net pay is lower than expected, review potential deductions or consult a tax professional. The calculator can also help compare job offers by estimating the net income from different gross salary figures. For more detailed financial planning, consider using a comprehensive budgeting tool.

Key Factors That Affect Weekly Wage Tax Results

Several factors influence the outcome of a weekly wage tax calculator. Understanding these can help you interpret the results more accurately:

  1. Tax Jurisdiction Laws: The most significant factor. Each country and sometimes state/province has unique tax rates, brackets, deductions, and credits. This calculator uses simplified models for major jurisdictions.
  2. Gross Weekly Wage: Higher gross wages generally mean higher tax liabilities, especially in progressive tax systems where higher income levels are taxed at steeper rates.
  3. Tax Brackets: Progressive tax systems mean that only income within specific ranges (brackets) is taxed at corresponding rates. Moving into a higher bracket doesn't tax all your income at that higher rate, only the portion within that bracket.
  4. Deductions and Allowances: Standard deductions, personal allowances, and specific itemized deductions (like mortgage interest, charitable donations) reduce taxable income. This calculator may use simplified or standard deductions. For precise calculations, consult official tax forms or software.
  5. Tax Credits: Unlike deductions that reduce taxable income, tax credits directly reduce the amount of tax owed. Examples include child tax credits or education credits. These are often not included in basic calculators.
  6. Filing Status: In some countries (like the US), your filing status (e.g., Single, Married Filing Jointly) affects tax brackets and standard deductions. This calculator typically assumes a default status (e.g., Single).
  7. Other Income Sources: If you have income from investments, self-employment, or other sources, these may affect your overall tax situation and potentially your marginal tax rate on wages.
  8. Pre-Tax Contributions: Contributions to retirement accounts (like 401(k) or pensions) or health savings accounts often reduce your taxable income, lowering your immediate tax burden.

Accurate financial planning requires considering these nuances. For complex situations, seeking advice from a qualified tax advisor is recommended.

Frequently Asked Questions (FAQ)

Q1: How accurate is this weekly wage tax calculator?

A: This calculator provides an estimate based on simplified tax rules and common brackets for the selected jurisdiction. Actual tax liability can vary due to specific personal circumstances, deductions, credits, and local taxes not included in this model. For precise figures, consult official tax resources or a professional.

Q2: What is the difference between a deduction and a credit?

A: A deduction reduces your taxable income, meaning you pay tax on a smaller amount. A credit directly reduces the amount of tax you owe, dollar for dollar. Credits are generally more valuable than deductions of the same amount.

Q3: Does this calculator account for state or local taxes?

A: This basic calculator typically focuses on federal income tax for simplicity. Some jurisdictions may have state or local income taxes that would further reduce your net pay. You may need a more specialized calculator for those.

Q4: What if my weekly wage changes?

A: Simply re-enter your new gross weekly wage and click "Calculate Tax" again. The calculator will update your estimated net pay based on the new income figure.

Q5: Can I use this for self-employment income?

A: While it can give a rough idea, self-employment income often involves different tax considerations, such as self-employment taxes (Social Security and Medicare in the US) and the ability to deduct business expenses. This calculator is primarily designed for wage earners.

Q6: How do I find the correct tax brackets for my country?

A: Official government tax authority websites (e.g., IRS in the US, HMRC in the UK) provide the most accurate and up-to-date information on tax brackets and rates. Tax year is important as rates can change annually.

Q7: What does "progressive tax system" mean?

A: A progressive tax system means that the tax rate increases as the taxable income increases. Higher earners pay a larger percentage of their income in taxes compared to lower earners.

Q8: Can I save the results?

A: This calculator has a "Copy Results" button that copies the main figures and key assumptions to your clipboard, allowing you to paste them into a document or notes application.

© 2023 Your Financial Website. All rights reserved. Disclaimer: This calculator is for estimation purposes only.
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For simplicity, we apply 20% to income above the allowance. }, ca: { name: "Canada", // Simplified Federal Tax Brackets brackets: [ { rate: 15, min: 0, max: 533.65 }, // Approx $27,747/year { rate: 20.5, min: 533.66, max: 1067.31 }, // Approx $55,567/year { rate: 26, min: 1067.32, max: 1557.69 }, // Approx $81,000/year { rate: 29, min: 1557.70, max: 2153.85 }, // Approx $112,000/year { rate: 33, min: 2153.86, max: Infinity } // Approx $150,000+/year ], standardDeductionWeekly: 231 // Approx $12,000/year Basic Personal Amount }, au: { name: "Australia", // Simplified Federal Tax Brackets brackets: [ { rate: 0, min: 0, max: 180.77 }, // Approx $9,395/year (Tax-free threshold) { rate: 19, min: 180.78, max: 1153.85 }, // Approx $45,000/year { rate: 32.5, min: 1153.86, max: 2500.00 }, // Approx $120,000/year { rate: 37, min: 2500.01, max: 3461.54 }, // Approx $180,000/year { rate: 45, min: 3461.55, max: Infinity } // Approx $200,000+/year ], standardDeductionWeekly: 0 // Tax-free threshold handled directly } }; function validateInput(value, id, errorId, min, max) { var errorElement = document.getElementById(errorId); errorElement.style.display = 'none'; // Hide previous error if (value === null || value === ") { errorElement.textContent = 'This field is required.'; errorElement.style.display = 'block'; return false; } var numValue = parseFloat(value); if (isNaN(numValue)) { errorElement.textContent = 'Please enter a valid number.'; errorElement.style.display = 'block'; return false; } if (min !== undefined && numValue max) { errorElement.textContent = 'Value is too high.'; errorElement.style.display = 'block'; return false; } return true; } function calculateTax() { var grossWage = parseFloat(grossWeeklyWageInput.value); var jurisdiction = taxJurisdictionSelect.value; // Input Validation var isValidGrossWage = validateInput(grossWeeklyWageInput.value, 'grossWeeklyWage', 'grossWeeklyWageError', 0); // Jurisdiction validation is implicit via select element if (!isValidGrossWage) { return; // Stop calculation if validation fails } var selectedTaxData = taxData[jurisdiction]; var brackets = selectedTaxData.brackets; var standardDeduction = selectedTaxData.standardDeductionWeekly || 0; // Use 0 if not defined var taxableIncome = grossWage; var estimatedTax = 0; // Adjust for specific jurisdiction logic if (jurisdiction === 'us' || jurisdiction === 'ca') { taxableIncome = Math.max(0, grossWage – standardDeduction); } else if (jurisdiction === 'uk') { // UK Personal Allowance is a threshold, not a direct deduction from gross for this simplified model // Income below allowance is taxed at 0% effectively. taxableIncome = grossWage; // Will be handled by bracket logic } else if (jurisdiction === 'au') { // Australia's tax-free threshold is handled within brackets taxableIncome = grossWage; } var incomeInBrackets = []; var currentTaxable = taxableIncome; for (var i = 0; i < brackets.length; i++) { var bracket = brackets[i]; var bracketMin = bracket.min; var bracketMax = bracket.max; var rate = bracket.rate; // Handle UK/AU specific threshold logic if (jurisdiction === 'uk' && i === 0) { // Personal Allowance var allowanceAmount = bracket.max; // 173.08 if (grossWage <= allowanceAmount) { // Entire income is within allowance, no tax estimatedTax = 0; taxableIncome = grossWage; // Taxable income is the gross wage itself in this case break; } else { // Income exceeds allowance, tax starts from allowance amount currentTaxable = grossWage – allowanceAmount; bracketMin = 0; // Effectively starts taxing from the allowance point bracketMax = Infinity; // Apply the rate to the remaining income rate = 20; // Standard rate after allowance } } else if (jurisdiction === 'au' && i === 0) { // Tax-free threshold var thresholdAmount = bracket.max; // 180.77 if (grossWage 0) { if (bracketMax === Infinity) { taxableInThisBracket = currentTaxable; } else { taxableInThisBracket = Math.min(currentTaxable, bracketMax – bracketMin); } if (taxableInThisBracket > 0) { var taxForBracket = taxableInThisBracket * (rate / 100); estimatedTax += taxForBracket; incomeInBrackets.push({ range: `${bracketMin.toFixed(2)} – ${bracketMax === Infinity ? '∞' : bracketMax.toFixed(2)}`, amount: taxableInThisBracket.toFixed(2), rate: rate, tax: taxForBracket.toFixed(2) }); currentTaxable -= taxableInThisBracket; } } if (currentTaxable taxData[jurisdiction].standardDeductionWeekly) { var deductionRow = document.createElement('tr'); deductionRow.innerHTML = `Standard Deduction–${formatCurrency(taxData[jurisdiction].standardDeductionWeekly)}`; taxBracketsBody.appendChild(deductionRow); } // Add rows for tax brackets brackets.forEach(function(bracket, index) { var row = document.createElement('tr'); var incomeInRange = 0; var rate = bracket.rate; var rangeText = `${formatCurrency(bracket.min)} – ${bracket.max === Infinity ? '∞' : formatCurrency(bracket.max)}`; // Adjust logic for UK/AU thresholds if (jurisdiction === 'uk') { if (index === 0) { // Personal Allowance rate = 0; // Taxed at 0% incomeInRange = Math.min(grossWage, bracket.max); rangeText = `0 – ${formatCurrency(bracket.max)} (Allowance)`; } else if (index === 1) { // Basic Rate after allowance var allowance = taxData.uk.brackets[0].max; var incomeAboveAllowance = Math.max(0, grossWage – allowance); incomeInRange = Math.min(incomeAboveAllowance, bracket.max – bracket.min); rate = 20; // Standard rate rangeText = `${formatCurrency(bracket.min)} – ${formatCurrency(bracket.max)} (Basic)`; } else { // Higher/Additional rates var allowance = taxData.uk.brackets[0].max; var basicRateMax = taxData.uk.brackets[1].max; var incomeAboveBasic = Math.max(0, grossWage – basicRateMax); incomeInRange = Math.min(incomeAboveBasic, bracket.max – bracket.min); rangeText = `${formatCurrency(bracket.min)} – ${formatCurrency(bracket.max)} (${index === 2 ? 'Higher' : 'Additional'})`; } } else if (jurisdiction === 'au') { if (index === 0) { // Tax-free threshold rate = 0; incomeInRange = Math.min(grossWage, bracket.max); rangeText = `0 – ${formatCurrency(bracket.max)} (Threshold)`; } else if (index === 1) { // Bracket 1 after threshold var threshold = taxData.au.brackets[0].max; var incomeAboveThreshold = Math.max(0, grossWage – threshold); incomeInRange = Math.min(incomeAboveThreshold, bracket.max – bracket.min); rate = 19; rangeText = `${formatCurrency(bracket.min)} – ${formatCurrency(bracket.max)}`; } else { // Higher brackets var threshold = taxData.au.brackets[0].max; var bracket1Max = taxData.au.brackets[1].max; var incomeAboveBracket1 = Math.max(0, grossWage – bracket1Max); incomeInRange = Math.min(incomeAboveBracket1, bracket.max – bracket.min); rangeText = `${formatCurrency(bracket.min)} – ${formatCurrency(bracket.max)}`; } } else { // US / CA incomeInRange = Math.min(taxableIncome, bracket.max – bracket.min); if (incomeInRange 0 ? bracket.min : 0)); // Ensure we don't tax more than available taxable income in this bracket } else { incomeInRange = Math.min(incomeInRange, grossWage – bracket.min); // For UK/AU, use gross wage as base } if (incomeInRange < 0) incomeInRange = 0; row.innerHTML = ` ${rangeText} ${rate}% ${formatCurrency(incomeInRange)} `; taxBracketsBody.appendChild(row); }); // Add a summary row for total taxable income and total tax var summaryRow = document.createElement('tr'); summaryRow.style.fontWeight = 'bold'; summaryRow.innerHTML = ` Total Taxable Income – ${formatCurrency(taxableIncome)} `; taxBracketsBody.appendChild(summaryRow); var totalTaxRow = document.createElement('tr'); totalTaxRow.style.fontWeight = 'bold'; totalTaxRow.innerHTML = ` Total Estimated Tax – ${formatCurrency(parseFloat(estimatedTaxSpan.textContent.replace(/[^0-9.-]+/g,"")))} `; taxBracketsBody.appendChild(totalTaxRow); } function updateChart(grossWage, netWage, estimatedTax) { var ctx = incomeBreakdownChart.getContext('2d'); // Destroy previous chart instance if it exists if (chartInstance) { chartInstance.destroy(); } chartInstance = new Chart(ctx, { type: 'bar', data: { labels: ['Income Breakdown'], datasets: [{ label: 'Gross Wage', data: [grossWage], backgroundColor: '#004a99', borderColor: '#003366', borderWidth: 1 }, { label: 'Estimated Tax', data: [estimatedTax], backgroundColor: '#dc3545', borderColor: '#a71d2a', borderWidth: 1 }, { label: 'Net Wage', data: [netWage], backgroundColor: '#28a745', borderColor: '#1e7e34', borderWidth: 1 }] }, options: { responsive: true, maintainAspectRatio: false, scales: { y: { beginAtZero: true, ticks: { callback: function(value) { return formatCurrency(value, false); // Use custom formatter } } } }, plugins: { legend: { display: false // Legend is shown separately below canvas }, tooltip: { callbacks: { label: function(context) { var label = context.dataset.label || "; if (label) { label += ': '; } if (context.parsed.y !== null) { label += formatCurrency(context.parsed.y, false); } return label; } } } } } }); } function formatCurrency(amount, includeSymbol = true) { if (isNaN(amount)) return (includeSymbol ? '$' : ") + '0.00'; var symbol = includeSymbol ? '$' : "; return symbol + amount.toFixed(2).replace(/\d(?=(\d{3})+\.)/g, '$&,'); } function resetCalculator() { grossWeeklyWageInput.value = '1000'; taxJurisdictionSelect.value = 'us'; document.getElementById('grossWeeklyWageError').style.display = 'none'; calculateTax(); // Recalculate with default values } function copyResults() { var grossWage = resultGrossWageSpan.textContent; var netWage = netWeeklyWageSpan.textContent; var estimatedTax = estimatedTaxSpan.textContent; var taxableIncome = taxableIncomeSpan.textContent; var jurisdiction = taxJurisdictionSelect.options[taxJurisdictionSelect.selectedIndex].text; var resultsText = `— Weekly Wage Tax Calculation Results —\n\n`; resultsText += `Jurisdiction: ${jurisdiction}\n`; resultsText += `Gross Weekly Wage: ${grossWage}\n`; resultsText += `Estimated Tax: ${estimatedTax}\n`; resultsText += `Taxable Income: ${taxableIncome}\n`; resultsText += `————————————–\n`; resultsText += `Net Weekly Wage: ${netWage}\n`; resultsText += `————————————–\n\n`; resultsText += `Assumptions:\n`; resultsText += `- Uses simplified tax brackets and rates for ${jurisdiction}.\n`; resultsText += `- Does not include all possible deductions or tax credits.\n`; resultsText += `- Filing status assumed as standard (e.g., Single).\n`; // Copy to clipboard var textArea = document.createElement("textarea"); textArea.value = resultsText; textArea.style.position = "fixed"; textArea.style.left = "-9999px"; document.body.appendChild(textArea); textArea.focus(); textArea.select(); try { var successful = document.execCommand('copy'); var msg = successful ? 'Results copied!' : 'Copying failed!'; // Optionally show a temporary message to the user var tempMessage = document.createElement('div'); tempMessage.textContent = msg; tempMessage.style.cssText = 'position: fixed; top: 50%; left: 50%; transform: translate(-50%, -50%); background: black; color: white; padding: 10px; border-radius: 5px; z-index: 1000;'; document.body.appendChild(tempMessage); setTimeout(function(){ document.body.removeChild(tempMessage); }, 2000); } catch (err) { console.error('Unable to copy results', err); } document.body.removeChild(textArea); } // Initial calculation on page load document.addEventListener('DOMContentLoaded', function() { // Ensure Chart.js is loaded before trying to use it if (typeof Chart !== 'undefined') { // Initialize chart with placeholder data updateChart(0, 0, 0); calculateTax(); // Perform initial calculation } else { // Fallback if Chart.js is not available (e.g., if script tag is missing) console.error("Chart.js not loaded. Chart will not display."); // Still call calculateTax to ensure other elements work calculateTax(); } }); // Add event listeners for real-time updates grossWeeklyWageInput.addEventListener('input', calculateTax); taxJurisdictionSelect.addEventListener('change', calculateTax);

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