Calculation method for year-end personal income tax remittance:
1. Income from wages and salaries: obtained from employment in agencies, groups, schools, military units, enterprises, institutions and other organizations Remuneration, there is an employer-employee relationship between the individual and the unit that pays the remuneration; wages and salary income = the total wages and salaries that should be paid from January 1 to December 31 in the Gregorian calendar;
2. Income from labor remuneration: individual Remuneration for independently engaging in various skills and providing various services. There is no employer-employee relationship between the individual and the unit that pays the remuneration; labor remuneration = each income (not exceeding 4,000 yuan) - 800) or each income (more than 4,000 yuan) * (1-20);
3. Income from author remuneration: Income obtained by individuals from the publication or publication of their works in the form of books, newspapers, periodicals, etc., a proportional tax rate of 20% is applicable to income from authorial remuneration, and a tax reduction of 30% is applied based on the tax payable, so the actual tax rate is 14%;
4. Income from royalties: 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, excluding royalties income. Prepaid taxable income with withholding = Royalty (not exceeding RMB 4,000) - RMB 800 or Royalty (exceeding RMB 4,000) multiplied by (1 - 20).
Personal income tax rate is the ratio between personal income tax amount and taxable income. The personal income tax rate is stipulated by the corresponding laws and regulations of the country and is calculated based on the individual's income. Paying personal income tax is the obligation of citizens whose income reaches the payment standard.
Legal Basis
"Personal Income Tax Law of the People's Republic of China"
Article 12 When taxpayers obtain business income, personal income tax is calculated on an annual basis , taxpayers shall submit tax returns to the tax authorities within 15 days after the end of each month or quarter and prepay the tax; the taxpayer shall make final settlement before March 31 of the following year when the income is obtained.
Income from interest, dividends, bonuses, income from property leasing, income from property transfer and incidental income shall be calculated on a monthly or per-time basis. If there is a withholding agent, the withholding agent shall Withhold and pay taxes monthly or on a per-time basis.