Individual tax threshold
Starting from October 1, 2018, the individual tax threshold will be increased to 5,000 yuan. The calculation method for using the excess progressive tax rate is as follows:
⑴Full month taxable income = pre-tax income - 5,000 yuan (threshold) - special deductions (three insurances, one fund, etc.) - special additional deductions - other deductions determined in accordance with the law.
⑵Tax payment = full monthly taxable income ) deducts 1,000 yuan and there is no special additional deduction, then the personal income tax he should pay is: (8000-1000-5000)×3%-0=60 (yuan). Personal income tax calculation formula
The salary personal tax calculation formula is:
Personal income tax calculation details = (pre-tax income - 5,000 yuan (threshold) - special deductions (three insurances and one (money, etc.) - special additional deductions - other deductions determined in accordance with the law) >Tax rate: 3%; Quick calculation deduction amount (yuan): 0
⑵ The monthly taxable income exceeds 3,000 yuan to 12,000 yuan:
Tax rate: 10%; Quick calculation deduction amount (yuan): 210
⑶ The monthly taxable income exceeds 12,000 yuan to 25,000 yuan:
Tax rate: 20%; quick calculation deduction (yuan): 1410
⑷The taxable income for the whole month exceeds 25,000 yuan to 35,000 yuan:
Tax rate: 25%; quick calculation deduction (yuan): 2660
⑸The taxable income for the whole month The amount exceeds 35,000 yuan to 55,000 yuan:
Tax rate: 30%; quick calculation deduction amount (yuan): 4410
⑹ The monthly taxable income exceeds 55,000 yuan to 80,000 yuan:< /p>
Tax rate: 35%; quick calculation deduction amount (yuan): 7160
⑺The taxable income for the whole month exceeds 80,000 yuan:
Tax rate: 45%; quick calculation Number of deductions (yuan): 15160 Personal tax calculator
Calculator instructions:
⑴ Fill in the total income
⑵ The deduction part needs to be filled in including five insurances and one housing fund , special additional deductions
⑶Click Calculate to calculate individual income tax!
Click: Enter the individual tax calculator
Calculate with examples
Salary due: Salary due is your summary salary that should be paid, without deducting your miscellaneous monthly salary payable.
Actual salary: the salary you actually receive after deducting your contributions.
For example: If Xiao Wu’s salary due in January 2019 is 8,000 yuan, assuming that he needs to pay various social insurance premiums of 1,000 yuan, on the premise that there are no special additional deductions, his actual salary How much is the salary?
⑴Full month taxable income = pre-tax income-5,000 yuan (threshold)-special deductions (three insurances, one fund, etc.)-special additional deductions-others determined in accordance with the law deduct. Through calculation, the taxable income is 2,000 yuan, the applicable tax rate is 3%, and the quick calculation deduction is 0.
⑵Tax payment = monthly taxable income × tax rate - quick calculation deduction. It can be calculated that the tax payable is 60 yuan.
⑶ Actual wages = wages due - various insurances - taxes = 8000-1000-60 = 6940 yuan.
Payment objects
The scope of various personal incomes referred to in the Personal Income Tax Law:
1. Wage and salary income refers to the wages, salaries, bonuses, and Year-end salary increases, labor dividends, allowances, subsidies and other income related to office or employment;
2. Income from labor remuneration refers to the income obtained by individuals from performing labor services, including design, decoration, installation, and drawing. , laboratory, testing, medical, legal, accounting, consulting, lecturing, news, broadcasting, translation, review, calligraphy and painting, sculpture, film and television, audio and video, performances, performances, advertising, exhibitions, technical services, introduction services, brokerage services , agency services and other labor services;
The income from the third author's remuneration refers to the income obtained by individuals from the publication and publication of their works in the form of books, newspapers and periodicals;
The fourth franchise Income from royalties refers to the income obtained by individuals from providing the right to use patent rights, trademark rights, copyrights, non-patented technologies and other franchises. Income obtained from providing the right to use copyrights does not include income from royalties;
V. Business income refers to: 1. Individuals engage in production through individual industrial and commercial households, sole proprietorships, and partnerships registered in China , Income from business activities; 2. Income from individuals who obtain licenses in accordance with the law and engage in school running, medical care, consulting and other paid service activities; 3. Income from personal contracting, leasing, subcontracting, and subletting; 4. Income from individuals engaging in other Income from production and business activities;
6 Interest, dividends, and bonus income refer to income in the nature of interest, dividends, and bonuses obtained by individuals from owning debts, equity, etc.;
7. Property leasing income refers to the income obtained by individuals from leasing real estate, land use rights, machinery and equipment, vehicles and ships, and other properties; 8. Property transfer income refers to individuals transferring securities, equity, partnerships, Income from property shares in the enterprise, real estate, land use rights, machinery and equipment, vehicles and ships, and other property;
9 Incidental income refers to personal income from winning prizes, prizes, lotteries, and other incidental properties .
Note: If it is difficult to define taxable income items for personal income, it shall be determined by the competent tax authority. Payment method
One company will withhold payment.
Two people go to the competent tax authority to pay directly. Payment inquiry
Window inquiry: Bring your ID card to the local tax bureau in the district where your unit is located to apply for inquiry on the payment status of personal income tax. Payment exemption amount
Effective from October 1, 2018, the personal tax exemption amount in mainland China will be adjusted to 5,000 yuan.
Attachment: Individual Income Tax Law of the People's Republic of China