Read our blogs, tips and tutorials
Try our exercises or test your skills
Watch our tutorial videos or shorts
Take a self-paced course
Read our recent newsletters
License our courseware
Book expert consultancy
Buy our publications
Get help in using our site
546 attributed reviews in the last 3 years
Refreshingly small course sizes
Outstandingly good courseware
Whizzy online classrooms
Wise Owl trainers only (no freelancers)
Almost no cancellations
We have genuine integrity
We invoice after training
Review 30+ years of Wise Owl
View our top 100 clients
Search our website
We also send out useful tips in a monthly email newsletter ...
Software ==> | Excel (113 exercises) |
Topic ==> | Lookup functions (10 exercises) |
Level ==> | Harder than average |
Subject ==> | Excel training |
This exercise is provided to allow potential course delegates to choose the correct Wise Owl Microsoft training course, and may not be reproduced in whole or in part in any format without the prior written consent of Wise Owl.
Open the file in the folder above. Your task is to create a VLOOKUP formula to work out what council tax you will pay (this will feed into the rest of the spreadsheet).
The model is showing we are buying a house worth £297,500 - but how much council tax will we pay on this each year?
Create your lookup table using the following information (these council tax rates are invented, but the principle and the fact that there are 8 bands from A to H is correct):
Price range | Band | Council tax |
---|---|---|
£0-£140k | A | £1,000 |
£140k-£180k | B | £1,200 |
£180k-£220k | C | £1,400 |
£220k-£260k | D | £1,600 |
£260k-£300k | E | £1,800 |
£300k-£400k | F | £2,000 |
£400k-£500k | G | £2,200 |
£500k or more | H | £2,400 |
It's easiest to create a lookup table if you start with the bottom row and work your way upward.
Add formulae to the yellow cells using the VLOOKUP function to show your council tax band and council tax for these house price assumptions.
For this house price you will pay £1,800 a year an band E.
Try changing your house price to make sure that the council tax band and rate are both being calculated correctly.
Save your workbook as With council tax then close it down.
You can find other training resources for the subject of this exercise here:
Kingsmoor House
Railway Street
GLOSSOP
SK13 2AA
Landmark Offices
99 Bishopsgate
LONDON
EC2M 3XD
Holiday Inn
25 Aytoun Street
MANCHESTER
M1 3AE
© Wise Owl Business Solutions Ltd 2024. All Rights Reserved.