How to calculate personal income tax wage
Calculation: Income tax payable = taxable income * tax rate applicable
1, taxable income = -5000 yuan monthly income (threshold) - special deduction (full insurance, etc.) - special additional deduction - Other deductions determined by law.
2, comprehensive income (wages and salaries, income from remuneration, royalties income, royalty income) applicable 7 over a progressive tax, the tax should be calculated monthly taxable income, the tax rate on individual monthly wage and salary taxable income from the division level, the highest level of 45%, the lowest level of 3%, a total of seven.
Individual Income Tax Rates (comprehensive income applicable)
| series |
Monthly taxable income (tax level distance) |
tax rate(%) |
Quick deduction |
|
| 1 |
≤3,000 |
3 |
0 |
|
| 2 |
3000.01-12000 |
10 |
210 |
|
| 3 |
12000.01-25000 |
20 |
1410 |
|
| 4 |
25000.01-35000 |
25 |
2660 |
|
| 5 |
35000.01-55000 |
30 |
4410 |
|
| 6 |
55000.01-80000 |
35 |
7160 |
|
| 7 |
≥80000.01 |
45 |
15160 |
|
Extended Information
Personal income tax deductions
Under "People's Republic of China Individual Income Tax", "Personal Income Tax Law of People's Republic of China Regulations for the Implementation" and related documents and regulations, the personal income tax cuts are:
1 aspect, the provincial government, the State Council ministries and People's Liberation Army more units, as well as foreign organizations, international organizations awarded science, education, technology, culture, health, sports, environmental protection, bonuses, exempt from personal income tax.
2, above the town (including the township) people's government or approval (including county) people's government departments above the county set up an institution, there are charter Samaritan Foundation or similar organization, Samaritan's reward bonuses or rewards, by the competent tax authorities, are exempt from income tax.
3, held by individuals and Treasury bonds issued by the State Council approved the issuance of financial bonds interest exempt from personal income tax.
4, the State Council "to levy interest earned on personal savings deposits Implementation Measures" Article V states: "The interest earned on savings deposits or other special savings deposits of individuals obtaining special fund education savings interest income and the financial sector to identify, exempt tax income. "
Cai Shui Zi (1999) No. 267 further provides that payment ratio as defined by national or provincial local government housing fund, medical insurance, basic pension insurance, unemployment insurance fund personal accounts bank deposit interest income obtained free levy a tax income.
State Administration of Taxation (1999) No. 180 document further stipulates that in open education savings accounts and Commercial Bank of China, and enjoy preferential interest rates of deposits, the interest they get tax-free personal income tax.
5, special government allowances issued in accordance with the provisions of the State Council (refers to the state of the art to make outstanding contributions to the development of social undertakings of a particular issue of subsidies and allowances (currently limited to the Chinese Academy of Sciences and Academy of Engineering allowances, Senior Fellow allowance) exempt from income tax.
What new tax deductions are deducted six?
Since January 2019, the beginning of the implementation of "special additional personal income tax deduction Interim Measures," for us is the gospel, the special additional deduction which several specific Nigeria can be deducted?
A total of six additional deduction of special items: children's education expenses, continuing education spending, catastrophic medical expenses, home loan interest payments, housing rental expenses, maintenance expenses for the elderly
|
six item buckle except |
Children's Education |
| Continuing Education |
|
| Catastrophic health care |
|
| Housing loan interest |
|
| Housing rents |
|
| Support for the elderly |
1, children's education expenses deduction:
(1) child-related expenses in full-time academic education, each child can be deducted from 1000 yuan / month.
(2) net of ways: parents (or legal guardian) deduct 50%, respectively; parents (or legal guardians) to select one of the parties fully deducted.
See detailed criteria for the classification table:
| Deduction type |
Deducted range |
Deduction way |
The standard deduction |
Deducted body |
Remark |
||
| child education deduction |
Pre-primary education spending on education spending + |
Aged 3 to pre-primary enrollment (not including the 0-3 age): small, junior high, vocational, technical, special, this, master, Bo |
set amount buckle except |
1000 / month |
Parents (or legal guardian) each deduction of 50% |
Parents (or legal guardians) to select one of the full deduction |
1 children to receive academic degree or education outside the territory to accept private or public education can enjoy. 2 full-time academic education for the children to receive academic education peaks. 3 specific ways and deductions can not be changed within a tax year |
2 , continuing education expenditure:
(1) Domestic taxpayers receive continuing education, education can be deducted during the 400 yuan / month, net of the same period of academic continuing education may not exceed 48 months.
(2) Taxpayers eligible to continue to receive skills vocational education expenses, professional and technical staff professional qualifications continuing education spending in the year to obtain the relevant certificate, can be deducted from 3600 yuan.
See detailed criteria for the classification table:
| Deduction type |
Deducted range |
Deduction way |
The standard deduction |
Deducted body |
Remark |
||
|
Continue Continue teach Educate support Out |
Degree continuing education spending |
Domestic academic degree education time |
set amount buckle except |
400 yuan / month for up to 48 months |
I deducted |
Personal accepted undergraduate (including) the following academic degrees and continuing education, their parents can choose to deduct |
The same matter can not be deducted repeat
|
| Skills Professional Qualifications continuing education spending |
take Get certificate book year degree |
3600 yuan |
I deducted |
||||
| Professional and technical personnel vocational qualification continuing education spending |
|||||||
3 , catastrophic health care expenses:
In a tax year, the taxpayer reimbursed by Medicare personal expense part of a total of more than 15,000 yuan, 80,000 yuan in the quota can be deducted.
See detailed criteria for the classification table:
| Deduction type |
Deducted range |
Deduction way |
The standard deduction |
Deducted body |
Remark |
|
| Serious illness Medical deduction |
Expenses related to the basic medical insurance reimbursement for medical expenses after removing happen |
Individual pays a total of more than 15,000 yuan part |
Quota According to inside actual deduction |
Deducted each year not more than 80,000 yuan quota section |
Deduct medical expenses themselves or their spouses, minor children of a parent deduct medical expenses |
The following year final settlement enjoy deduction |
4 , housing loan interest payments:
(1) his spouse alone or jointly discuss the use of loans, housing provident fund loans to himself, his spouse purchase a home, the occurrence of the first set of housing loan interest payments can be deducted from 1000 yuan / month, net of period not more than 240 months, ie 20 years, taxpayers can enjoy a first set of housing loan interest deduction.
(2) deduction in: unmarried taxpayer, I deduction, the taxpayer married couple selectively by one of the deduction; deduction of 50% of each or both.
See detailed criteria for the classification table:
| Deduction type |
Deducted range |
Deduction way |
The standard deduction |
Deducted body |
Remark |
||
| housing loan interest |
The first set of housing loan interest |
During the taste of the loan (not more than 240 months) |
set amount buckle except |
1000 yuan / month |
Unmarried taxpayer, I deduction, the taxpayer is married, the couple can choose one of them by a deduction; deduction of 50% each or both. |
Taxpayers were married and maiden first home purchase loan interest housing occurs, choose a suite deduction by the purchaser or the standard deduction for the purchase of housing from 50% deduction of specific ways can not be changed in a tax year |
Forced to rent housing while enjoying special additional. Taxpayer, spouse or I have to purchase a home within the Chinese housing |
5 , housing rental expenses:
纳税人在主要工作城市没有房子而发生的住房租金支出，可以扣除。
（1）直辖市、首府城市、计划单列市和国务院确定其他城市，可以扣除1500元/月，
（2）市辖区户籍人口超过100万的城市，扣除1100元/月；
（3）市辖区户籍人口不到100万的城市，扣除800元/月。
详细标准见表格分类：
| 扣除类型 |
扣除范围 |
扣除方式 |
扣除标准 |
扣除主体 |
备注 |
||
| 住 房 租 金 |
在主要工作城市没有自有租房的纳税人发生的住房租金支出 |
直辖市、省会（首府）计划单列市及经国务院确定的城市 |
定 额 扣 除 |
1500元/月 |
纳 税 人 未 婚 本 人 扣 除 |
纳税人已婚且夫妻双方主要工作城市相同：由承租人扣除；纳税人已婚且夫妻双方主要工作城市不同:分别扣除 |
不得与住房贷款利息专项扣除同时享受 |
| 其他城市（市辖区户籍人＞100万） |
1100元/月 |
||||||
| 其他城市（市辖区户籍人口≤100万） |
800元/月 |
||||||
6、 赡养老人：
（1）有赡养老人义务的子女赡养一位及以上60岁（含）父母子女均已去世的祖父母、外祖父母的费用支出，可以扣除。
（2）扣除标准：2000元/月
（3）扣除方式：独生子女、本人扣除；非独生子女，经协商后可以均摊。
详细标准见表格分类：
| 扣除类型 |
扣除范围 |
扣除方式 |
扣除标准 |
扣除主体 |
备注 |
||
|
赡 养 老 人 |
有赡养老人义务的子女赡养一位及以上60岁（含）父母子女均已去世的祖父母、外祖父母的费用支出 |
独 生 子 女 |
定 额 扣 除 |
2000元/月 |
本人扣除 |
1、指定分摊及约定分摊必须签订书面协议。2、指定分摊与约定不一致以指定分摊为准。3、具体分摊方式和额度在一个纳税人年度内不能更改 |
|
| 非 独 生 子 女 |
每人不超过1000元/月 |
平 均 分 摊 |
约定分摊：赡养人自行约定分摊比例指定分摊：由被赡养人指定分摊比例 |
||||