## On the Subject of a Transparent Reading of Tax Returns

Turn off that veto!

• If you ever get a decimal for any of your calculations, disregard the decimal completely and just use the whole number. The HMRC does not concern themselves with pence, after all.
• Follow all instructions on this manual page in the order they are listed.
1. Add together all of the turnovers on the module. This number is your gross turnover (GT).
2. Add together all of the expenses on the module. This number is your gross expenses (GE).
3. Calculate your pension contributions (PC) based on the amount of lit and unlit indicators on the bomb
• If you have no indicators on the bomb, your PC is 0.
• Otherwise, if you have more lit indicators on the bomb than unlit indicators, your PC is your GT multiplied by 0.05.
• Otherwise, if you have more unlit indicators on the bomb than lit indicators, your PC is your GT multiplied by 0.1.
• Otherwise, if you have an equal amount of lit and unlit indicators on the bomb, your PC is your GT multiplied by 0.15.
4. Calculate your tax-free investments (TFI) using the information on the piece of paper behind the list of turnovers and expenses. Use the flowchart on the next page to find your base value.
• Multiply your the number you get from this flowchart by the amount of distinct port types on the bomb. This number is your TFI.
1. Calculate your gross profit (GP) with the following formula:
• GT - GE - PC - TFI = GP
2. Your tax-free allowance (TFA) is 11850. However, in the rare case that your GP is over 100000, then use this formula to find your TFA:
• 11850 - floor((GP - 100000) / 2) = TFA
3. Calculate your taxable income (TI) with the following formula:
• GP - TFA = TI
4. Calculate your basic rate (BR), higher rate (HR), and additional rate (AR) with these formulae:
• Your BR is 6900.
• If your TI is less than 34500, your BR is your TI * 0.2. If you use this formula, skip directly to step 9.
• Your HR is calculated with this formula:
• (TI - 34500) * 0.4
• If your TI is less than 138500, skip directly to step 9.
• Your AR is calculated with this formula:
• (TI - 138000) * 0.45
1. Add up your BR, HR, and AR values. This number is your income tax (IT).
2. Calculate your taxable National Insurance Contributions (TNIC) with the following formula:
• GT - GE = TNIC
3. Calculate your standard rate (SR) and excess rate (ER) with these formulae:
• Your SR is 3413.
• If your TNIC is under 46350, use the following formula, and then skip directly to step 12:
• (TNIC - 8424) * 0.09
• Your ER is calculated with this formula:
• (TNIC - 46350) * 0.02
4. Add your SR and ER values. This number is your National Insurance Contributions (NIC).
5. Add up your IT and NIC values. This number is your total tax bill (TTB).
6. Press the switch on the bottom-right corner of the module, and enter your TTB to disarm the module.