nik-christou / tax-calculator

Tax calculator for multiple countries
Apache License 2.0
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Add Provident Fund deductions for Cyprus 🇨🇾 #29

Open minas1 opened 1 year ago

minas1 commented 1 year ago

Add the option to enter an amount that is contributed into a tax exempt Provident Fund for Cyprus 🇨🇾 (I don't know how it works for other countries).

The amount should not be counted in the taxable income. There's a threshold however - I think it's 20% in total for provident fund, GHS and social insurance. If the amount is above that, it should be taxed.