How to deduct tax above 5000?
The tax deduction standard for wages above 5000 is graded, and the tax payment ratio and quick deduction amount of each grade are different. The formula for calculating the taxable amount of individual comprehensive income of residents should be the individual's annual taxable income multiplied by the applicable tax rate deceleration deduction equal to (annual income minus 60,000 yuan minus social security and housing provident fund expenditure minus special additional deduction minus other deductions) multiplied by the applicable tax rate deceleration deduction. The classification table of salary tax above 5000 is as follows:
1, if the annual taxable income does not exceed 36,000 yuan, the tax rate is 3%, and the quick deduction is 0;
2. The annual taxable income exceeds 36,000 yuan but does not exceed144,000 yuan, the tax rate is 10%, and the quick deduction is 2,520;
3. The annual taxable income exceeds144,000 yuan and does not exceed 300,000 yuan, the tax rate is 20%, and the quick deduction is16920;
4. The annual taxable income exceeds 300,000 yuan and does not exceed 420,000 yuan, and the tax rate is 25%, and the quick deduction is 31920;
5. The annual taxable income exceeds 420,000 yuan and does not exceed 660,000 yuan, with a tax rate of 30% and a quick deduction of 52,920;
6. If the annual taxable income exceeds 660,000 yuan but not more than 960,000 yuan, the tax rate is 35%, and the quick deduction is 85,920;
7. If the annual taxable income exceeds 960,000 yuan, the tax rate is 45%, and it will be deducted quickly 18 1920.
We must reconsider the previous tax administrative behavior.
(1) The tax collection actions made by the tax authorities include specific administrative actions such as determining the subject of tax payment, the object of tax collection, the scope of tax collection, tax reduction and exemption, tax refund, applicable tax rate, tax basis, tax payment link, tax payment period, tax payment place and tax collection method, and withholding and remitting actions made by taxpayers, withholding agents and units entrusted by the tax authorities. (2) The tax authorities failed to handle or reply according to law: 1. Failing to approve tax reduction, exemption or export tax rebate; 2. No tax deduction; 3. The tax will not be refunded.
Third, how do individuals declare personal income tax in enterprises?
Personal income tax in China is levied by withholding and self-declaration. Taxpayers' income from wages and salaries shall first be based on the monthly income after deducting expenses of 5,000 yuan, special deductions and other deductions determined according to law. The enterprise shall withhold and remit the wages and salaries of employees, labor remuneration, royalties and dividend income. The process for enterprises to declare individual income tax is as follows: 1. Download the personal income tax declaration client and log on to the personal income tax declaration platform; 2. Add the information of personnel who need to declare personal income tax; 3. Fill in the withholding income tax report and normal salary report; 4. In the withholding income tax report, please fill in the employee's salary income, five insurances and one gold in detail, and personal tax payment will appear after filling in. Finally, click Save and declare.
I hope the above content can help you. If in doubt, please consult a professional lawyer.
Legal basis:
"People's Republic of China (PRC) tax collection and management law" article 1.
This Law is formulated in order to strengthen the administration of tax collection, standardize tax collection, safeguard national tax revenue, protect the legitimate rights and interests of taxpayers and promote economic and social development.
second
This law is applicable to the collection and management of various taxes collected by tax authorities according to law.
essay
The collection and suspension of tax, as well as the reduction, exemption, refund and overdue tax, shall be implemented in accordance with the provisions of the law; Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.
No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.
Article 4
Units and individuals who are obligated to pay taxes according to laws and administrative regulations are taxpayers.
Units and individuals that have the obligation to withhold and pay taxes according to laws and administrative regulations are withholding agents. Taxpayers and withholding agents must pay taxes, withhold and remit taxes and collect and remit taxes in accordance with the provisions of laws and administrative regulations.