Write a simple program in python that calculates tax using the below tax bands
Monthly Bands of Taxable Income (KES) | Tax Rate |
---|---|
0 – 12,500 | 10% of 12500 |
On the next 11,500 | 15% |
On the next 11,500 | 20% |
On the next 11,500 | 25% |
Over 47,000 | 30% |
Do it .
Here is a sample answer