Taxable income = monthly income - 5,000 yuan (exemption amount) - special deductions (three insurances, one fund, etc.) - special additional deductions - other deductions determined in accordance with the law.
Payroll tax = taxable income multiplied by the payroll tax rate
Special additional deduction items include: children’s education, continuing education, serious illness medical treatment, housing loan interest, housing rent, and supporting the elderly
Personal income tax rate standards:
1. If the salary range is between 1-5,000 yuan, including 5,000 yuan, the applicable personal income tax rate is 0%;
2. If the salary range is between 5,000-8,000 yuan, including 8,000 yuan, the applicable personal income tax rate is 3%;
3. If the salary range is between 8,000-17,000 yuan, including 17,000 yuan, The applicable personal income tax rate is 10%;
4. If the salary range is between 17,000-30,000 yuan, including 30,000 yuan, the applicable personal income tax rate is 20%;
5. Salary If the salary range is between 30,000-40,000 yuan, including 40,000 yuan, the applicable personal income tax rate is 25%;
6. If the salary range is between 40,000-60,000 yuan, including 60,000 yuan, the applicable personal income tax rate is 30%;
7. If the salary range is between 60,000-85,000 yuan, including 85,000 yuan, the applicable personal income tax rate is 35%;
8. The salary range is 85,000 yuan For the above, the applicable personal income tax rate is 45%.
Article 6 of the "Regulations on the Implementation of the Individual Income Tax Law of the People's Republic of China" stipulates that the scope of various personal incomes stipulated in the Individual Income Tax Law:
(1) Wages, Salary income refers to wages, salaries, bonuses, year-end salary increases, labor dividends, allowances, subsidies and other income related to employment or employment that an individual obtains due to his or her employment.
(2) Income from labor remuneration refers to the income obtained by individuals engaged in labor services, including design, decoration, installation, drawing, laboratory testing, medical treatment, law, accounting, consulting, lecturing, translation, and review. , calligraphy and painting, sculpture, film and television, audio and video recording, performances, performances, advertising, exhibitions, technical services, introduction services, brokerage services, agency services and other services.
(3) Income from author remuneration is the income an individual obtains from the publication or publication of his works in the form of books, newspapers, periodicals, etc.
(4) Income from royalties is income obtained by individuals from providing the right to use patent rights, trademark rights, copyrights, non-patented technologies and other franchises; income from providing the right to use copyrights, Excludes royalties