calculate_income_tax
Calculate income tax for US, UK, Canada, Australia, or India based on income, filing status, and other parameters. Handles brackets, credits, and deductions for each country.
Instructions
Calculate income tax for US, UK, Canada, Australia, or India (2026 / FY 2025-26). country='us': federal tax with brackets by filing_status. country='uk': income tax + National Insurance (2025/26). country='ca': federal tax with Basic Personal Amount credit. country='au': income tax + Medicare Levy + optional HECS-HELP. country='in': India new/old regime with 87A rebate + cess. Example queries: 'US tax on $85000 income married filing jointly', 'UK income tax on £50000 salary', 'India income tax ₹12L new regime'.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| country | Yes | Country code: us, uk, ca, au, in. | |
| income | Yes | Gross annual income in local currency. | |
| filing_status | No | [us] Filing status. Default: single. | |
| has_hecs_debt | No | [au] Whether HECS-HELP compulsory repayment applies. | |
| regime | No | [in] Tax regime: 'new' (default, lower rates) or 'old' (with deductions). | new |
| province | No | [ca] Province/territory code (e.g. 'ON'). Accepted but provincial tax not yet computed. | |
| year | No | Tax year. Only 2026 is supported across all countries. |