The tax deduction rate table for wages exceeding 5,000 yuan shall be stipulated in the individual income tax law. The specific tax rate table may vary according to the individual's location and income level. Generally speaking, the part of the salary exceeding 5000 yuan needs to be deducted at a certain tax rate. For specific tax rates and tax deduction methods, please refer to the individual income tax law or consult the tax authorities.
The tax deduction table for wages exceeding 5,000 yuan is based on the individual income tax law. Please refer to the individual income tax law or consult the tax authorities for specific tax rates and tax deduction methods.
According to the individual income tax law, China's individual income tax system implements seven levels of excessive progressive tax rates, and different taxable income ranges correspond to different tax rates. The lowest tax rate is 3% and the highest tax rate is 45%.
The specific tax rate table is as follows:
1. If the salary is between 1 and 5,000 yuan, including 5,000 yuan, the applicable personal income tax rate is 0%.
2. If the salary is between 5000 and 8000 yuan, including 8000 yuan, the applicable personal income tax rate is 3%.
3. If the salary is within the range of 8000- 17000 yuan, including 17000 yuan, the applicable personal income tax rate is 10%.
4. If the salary is between 17000 and 30000 yuan, including 30000 yuan, the applicable personal income tax rate is 20%.
For an individual with a monthly tax income of 3,500-5,000 yuan, after the personal exemption standard is raised to 5,000 yuan, the tax that the individual should pay less is: (5,000-3,500 yuan) * 3% = 45 yuan.
The above information is for reference only. If necessary, it is recommended to consult the staff of the tax bureau.
To sum up:
The tax deduction table for wages exceeding 5,000 yuan is based on the individual income tax law. Please refer to the individual income tax law or consult the tax authorities for specific tax rates and tax deduction methods.
Legal basis:
Provisions on tax relief in Chapter VI of the Individual Income Tax Law of People's Republic of China (PRC):
Article 2 Individual income tax shall be paid on the income of the following individuals:
(1) Income from wages and salaries;
(2) Income from remuneration for labor services;
(3) Income from remuneration;
(4) Income from royalties;
(5) Operating income;
(6) Income from interest, dividends and bonuses;
(7) Income from property lease;
(8) Income from property transfer;
(9) Accidental income.
Article 3 The tax rate of individual income tax:
(1) For comprehensive income, the excess progressive tax rate of 3% to 45% shall apply;
(2) The excess progressive tax rate of 5% to 35% shall apply to the operating income;
(3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to the proportional tax rate of 20%.