utility-scripts/taxcalc.py

123 lines
3.3 KiB
Python
Executable File

#!/usr/bin/python3
''' Calculate SARS tax on payments '''
import locale
import math
import pprint
import re
import sys
'''
Rates from https://www.sars.gov.za/Tax-Rates/Income-Tax/Pages/Rates%20of%20Tax%20for%20Individuals.aspx
low is the lowest value for that bracket; rate is the tax percentage applied to that bracket
'''
tax_rates = [
dict(
rate = 18,
high = 205_900,
), dict(
rate = 26,
high = 321_600,
), dict(
rate = 31,
high = 445_100,
), dict(
rate = 36,
high = 584_200,
), dict(
rate = 39,
high = 744_800,
), dict(
rate = 41,
high = 1_577_300,
), dict(
rate = 45,
),
]
for r in tax_rates:
idx = tax_rates.index(r)
if not r.get('high'):
if idx < len(tax_rates) - 1:
high = tax_rates[idx+1].get('low')
r['high'] = high - 1
if not r.get('low'):
if idx > 0:
low = tax_rates[idx-1].get('high')
r['low'] = low + 1
else:
r['low'] = 1
#pprint.pprint(tax_rates)
locale.setlocale( locale.LC_MONETARY, 'en_ZA.UTF-8' )
locale._override_localeconv = {'mon_thousands_sep': ' ', 'mon_decimal_point': '.'}
currency = locale.localeconv()
class colour:
PURPLE = '\033[95m'
CYAN = '\033[96m'
DARKCYAN = '\033[36m'
BLUE = '\033[94m'
GREEN = '\033[92m'
YELLOW = '\033[93m'
RED = '\033[91m'
BOLD = '\033[1m'
UNDERLINE = '\033[4m'
END = '\033[0m'
if len(sys.argv) < 2:
error()
elif isinstance(sys.argv[1], str):
try:
amount = "".join(sys.argv[1:]).strip(currency.get('currency_symbol'))
amount = re.sub('[,.](\d{2})$','.\g<1>', amount) # convert decimal separator to .
amount = re.sub('[ ,](\d{3})','\g<1>', amount) # convert thousands separator to ''
amount = locale.atof(amount)
amount = int(amount)
except Exception as e:
error(e)
else:
error()
''' Are we dealing with a monthly amount or annual amount?
Assume anything over R100k is annual.
If earning more than 100k per month, convert to --month/--year commandline option
'''
if amount > 100_000:
is_annual = True
else:
is_annual = False
print("Notice: value {} determined to be per month, dividing tax rates by 12".format(locale.currency(amount, grouping=True)))
total_tax = 0
for r in tax_rates:
low = (r.get('low') - 1)
high = r.get('high')
rate = r.get('rate')
if not is_annual:
low = math.ceil(low/12)
high = math.ceil(high/12)
if amount >= low:
bracket = amount
if high and amount > high:
bracket = high
current = math.ceil(bracket - low)
total_tax += math.ceil(current * rate / 100)
print(" {:>6} - {:>6} = {:>6} / {} = {:>6}".format(bracket, low, current, rate, total_tax))
if amount < high:
break
remainder = amount - total_tax
print("\nTotal tax on {} is {}{}{}, leaving {}".format(
locale.currency(amount, grouping=True),
colour.BOLD,
locale.currency(total_tax, grouping=True),
colour.END,
locale.currency(remainder, grouping=True)
))
def error(e):
if e:
print(e);
print("{0}: Please enter the annual or monthly amount before tax".format(sys.argv[0]))
sys.exit()