philippines_withholdingtax 1.0.0

checksums.yaml

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data/lib/philippines_withholdingtax.rb

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+class WithholdingTaxCalculator
+  # Calculate your Withholding Tax!
+  #
+  # Example:
+  #     >> WithholdingTaxCalculator.new(payroll_period: "daily", 9000).call
+  #     => 2469.19
+  #
+  # Arguments
+  #     payroll_period: (string), possible values: ["daily", "monthly", "semimonthly", "monthly"]
+  #     compensation_level: (number)
+
+  def initialize(options)
+    @payroll_period = options[:payroll_period]
+    @compensation_level = options[:compensation_level]
+  end
+
+  def call
+    set_period
+    set_bracket
+    set_minimum_tax
+    set_percentage_on_excess
+    calculate_excess
+    calculate_tax_from_excess
+    return_withholding_tax
+  end
+
+  private
+
+  def set_period
+    @period = case @payroll_period
+              when "daily" then DAILY
+              when "weekly" then WEEKLY
+              when "semimonthly" then SEMIMONTHLY
+              when "monthly" then MONTHLY
+              end
+  end
+
+  def set_bracket
+    if @compensation_level >= @period[:bracket_6][:compensation_level]
+      @bracket = @period[:bracket_6]
+    elsif @compensation_level >= @period[:bracket_5][:compensation_level]
+      @bracket = @period[:bracket_5]
+    elsif @compensation_level >= @period[:bracket_4][:compensation_level]
+      @bracket = @period[:bracket_4]
+    elsif @compensation_level >= @period[:bracket_3][:compensation_level]
+      @bracket = @period[:bracket_3]
+    elsif @compensation_level >= @period[:bracket_2][:compensation_level]
+      @bracket = @period[:bracket_2]
+    elsif @compensation_level >= @period[:bracket_1][:compensation_level]
+      @bracket = @period[:bracket_1]
+    end
+  end
+
+  def set_minimum_tax
+    @minimum_tax = @bracket[:minimum_tax]
+  end
+
+  def set_percentage_on_excess
+    @percentage_on_excess = @bracket[:percentage_on_excess]
+  end
+
+  def calculate_excess
+    @excess = @compensation_level - @bracket[:compensation_level]
+  end
+
+  def calculate_tax_from_excess
+    @tax_from_excess = @excess * @percentage_on_excess
+  end
+
+  def return_withholding_tax
+    @minimum_tax + @tax_from_excess
+  end
+end
+
+require 'tables/tables'

data/lib/tables/tables.rb

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+DAILY = {
+  bracket_1: {
+    compensation_level: 0,
+    minimum_tax: 0,
+    percentage_on_excess: 0
+  },
+  bracket_2: {
+    compensation_level: 685,
+    minimum_tax: 0,
+    percentage_on_excess: 0.2
+  },
+  bracket_3: {
+    compensation_level: 1096,
+    minimum_tax: 82.19,
+    percentage_on_excess: 0.25
+  },
+  bracket_4: {
+    compensation_level: 2192,
+    minimum_tax: 356.16,
+    percentage_on_excess: 0.3
+  },
+  bracket_5: {
+    compensation_level: 5479,
+    minimum_tax: 1342.47,
+    percentage_on_excess: 0.32
+  },
+  bracket_6: {
+    compensation_level: 21918,
+    minimum_tax: 6602.74,
+    percentage_on_excess: 0.35
+  }
+}
+
+WEEKLY = {
+  bracket_1: {
+    compensation_level: 0,
+    minimum_tax: 0,
+    percentage_on_excess: 0
+  },
+  bracket_2: {
+    compensation_level: 4808,
+    minimum_tax: 0,
+    percentage_on_excess: 0.2
+  },
+  bracket_3: {
+    compensation_level: 7692,
+    minimum_tax: 576.92,
+    percentage_on_excess: 0.25
+  },
+  bracket_4: {
+    compensation_level: 15385,
+    minimum_tax: 2500,
+    percentage_on_excess: 0.3
+  },
+  bracket_5: {
+    compensation_level: 38462,
+    minimum_tax: 9423.08,
+    percentage_on_excess: 0.32
+  },
+  bracket_6: {
+    compensation_level: 153846,
+    minimum_tax: 46346.15,
+    percentage_on_excess: 0.35
+  }
+}
+
+SEMIMONTHLY = {
+  bracket_1: {
+    compensation_level: 0,
+    minimum_tax: 0,
+    percentage_on_excess: 0
+  },
+  bracket_2: {
+    compensation_level: 10417,
+    minimum_tax: 0,
+    percentage_on_excess: 0.2
+  },
+  bracket_3: {
+    compensation_level: 16667,
+    minimum_tax: 1250.00,
+    percentage_on_excess: 0.25
+  },
+  bracket_4: {
+    compensation_level: 33333,
+    minimum_tax: 5416.67,
+    percentage_on_excess: 0.3
+  },
+  bracket_5: {
+    compensation_level: 83333,
+    minimum_tax: 20416.67,
+    percentage_on_excess: 0.32
+  },
+  bracket_6: {
+    compensation_level: 333333,
+    minimum_tax: 100416.67,
+    percentage_on_excess: 0.35
+  }
+}
+
+MONTHLY = {
+  bracket_1: {
+    compensation_level: 0,
+    minimum_tax: 0,
+    percentage_on_excess: 0
+  },
+  bracket_2: {
+    compensation_level: 20833,
+    minimum_tax: 0,
+    percentage_on_excess: 0.2
+  },
+  bracket_3: {
+    compensation_level: 33333,
+    minimum_tax: 2500,
+    percentage_on_excess: 0.25
+  },
+  bracket_4: {
+    compensation_level: 66667,
+    minimum_tax: 10833.33,
+    percentage_on_excess: 0.3
+  },
+  bracket_5: {
+    compensation_level: 166667,
+    minimum_tax: 40833.33,
+    percentage_on_excess: 0.32
+  },
+  bracket_6: {
+    compensation_level: 666667,
+    minimum_tax: 200833.33,
+    percentage_on_excess: 0.35
+  }
+}
+

metadata

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+--- !ruby/object:Gem::Specification
+name: philippines_withholdingtax
+version: !ruby/object:Gem::Version
+  version: 1.0.0
+platform: ruby
+authors:
+- Rei Ramos
+autorequire: 
+bindir: bin
+cert_chain: []
+date: 2018-09-27 00:00:00.000000000 Z
+dependencies: []
+description: Calculates withholding tax from given compensation level. Effective January
+  1, 2018 to December 31, 2022
+email: reiallenramos@gmail.com
+executables: []
+extensions: []
+extra_rdoc_files: []
+files:
+- lib/philippines_withholdingtax.rb
+- lib/tables/tables.rb
+homepage: http://rubygems.org/gems
+licenses:
+- MIT
+metadata: {}
+post_install_message: 
+rdoc_options: []
+require_paths:
+- lib
+required_ruby_version: !ruby/object:Gem::Requirement
+  requirements:
+  - - ">="
+    - !ruby/object:Gem::Version
+      version: '0'
+required_rubygems_version: !ruby/object:Gem::Requirement
+  requirements:
+  - - ">="
+    - !ruby/object:Gem::Version
+      version: '0'
+requirements: []
+rubyforge_project: 
+rubygems_version: 2.6.11
+signing_key: 
+specification_version: 4
+summary: Withholding Tax calculator as specified by BIR
+test_files: []