Tax payable = (Income from wages and salaries - "five insurance and one pension" - deductions) x applicable tax rate - quick deductions
1. Current personal tax Calculation method:
The amount of personal income tax payable = (taxable income - deduction standard) * applicable tax rate - quick deduction
Up to 500 yuan, the tax rate is 5%, and the quick deduction is 0;
The portion of the tax exceeding 500 yuan to 2,000 yuan, the tax rate is 10%, and the quick deduction is 25
The tax rate is 20 % and the quick deduction is 375 for the portion exceeding 5,000 yuan to 20,000 yuan
The tax rate is 25 % and the quick deduction is 1,375 for the portion exceeding 20,000 yuan to 40,000 yuan
The tax rate is 25 % and the quick deduction is 1,375 for the portion exceeding 40,000 yuan to 60,000 yuan
And for the portion exceeding 40,000 to 60,000 yuan, the tax rate is 30%, and the quick deduction is 3375
Over 60,000 yuan to 80,000 yuan, the tax rate is 35%, and the quick deduction is 6375
Over 80,000 yuan to 100,000 yuan, the tax rate is 40%, and the quick deduction is 10375
Over 100,000 yuan The tax rate is 45% and the quick deduction is 15375
2. The adjusted 7-tier over-progressive tax rate from September 1, 2011: the deduction is 3500 RMB.
Monthly taxable income Tax rate Quick deduction (yuan)
Monthly taxable income not exceeding 1500 yuan 3% 0
Monthly taxable income exceeding 1500 yuan to 4500 yuan 10% 105
Monthly taxable income exceeding 4500 yuan to 9000 yuan 20% 555
Monthly taxable income exceeding 9000 Yuan to 35000 Yuan 25% 1005
Monthly taxable amount exceeding 35000 Yuan to 55000 Yuan 30% 2755
Monthly taxable amount exceeding 55000 Yuan to 80000 Yuan 35% 5505
Monthly taxable amount exceeding 80000 Yuan 45% 13505
1. Income subject to Income Subject to Individual Income Tax
The following items of personal income are subject to individual income tax: income from wages and salaries; income from the production and operation of individual industrial and commercial households; income from the contracting and leasing of enterprises and institutions; income from remuneration for labor; income from manuscripts; income from royalties; income from interest, dividends and bonuses; income from the leasing of property; income from the transfer of property; incidental income; and income from other sources determined by the financial department of the State Council to be taxable by the government. other incomes which are determined to be taxed by the financial department of the State Council.
2. Income Not Subject to Individual Income Tax
The following items of personal income are exempted from individual income tax:
(1) Prizes awarded by the provincial people's governments, ministries and commissions under the State Council, and units of the People's Liberation Army (PLA) at military level or above, as well as by foreign organizations and international organizations in the areas of science, education, technology, culture, health, sports, and environmental protection.
(2) Interest on national bonds and financial bonds issued by the State;
(3) Subsidies and allowances granted in accordance with the unified provisions of the State;
(4) Welfare payments, pensions, and relief funds;
(5) Insurance payouts;
(6) Transition and demobilization fees for military personnel;
(7) Settlement fees for cadres and employees granted in accordance with the unified provisions of the State Cadres and employees' installation fee, retirement fee, retirement pay, retirement pay, retirement pay, retirement living allowance;
(8) Individuals' bonuses for reporting and assisting in the investigation of various violations of laws and crimes; Individuals who handle the withholding and payment of taxes, and the withholding and payment handling fee in accordance with the provisions of the law. (Temporary exemption)
I. Calculation of taxable income from wages and salaries
Income from wages and salaries is taxable as the balance of monthly income less expenses of 2,000 yuan. Income from wages and salaries is subject to an ultra-progressive tax rate ranging from 5% to 45%.
According to state regulations, basic pension insurance premiums, basic medical insurance premiums, unemployment insurance premiums, housing provident fund, work-related injury insurance and maternity insurance (commonly known as "five insurance premiums and one pension") paid by organizations for individuals and by individuals are deducted from the taxable income of taxpayers.
The formula for calculating the income from wages and salaries is:
Taxable amount = (Income from wages and salaries - "five insurance and one gold" - deductions) x applicable tax rate - quick deduction
Wages and salaries are withheld and paid by the paying organization. In the case where the unit does not withhold and pay the individual income tax, the taxpayer needs to declare and pay the individual income tax to the tax authorities by himself.
Second, the calculation of taxable income from labor remuneration
The income from labor remuneration, each time the income does not exceed 4,000 yuan, minus 800 yuan; more than 4,000 yuan, minus 20% of the expenses, and the balance is the taxable income.
Income from remuneration for labor services is subject to a proportional tax rate of 20%. For the part of taxable income exceeding 20,000 yuan to 50,000 yuan obtained by an individual from remuneration for labor services at one time, the taxable amount is calculated in accordance with the provisions of the Tax Law and then increased by 50% according to the taxable amount; for the part exceeding 50,000 yuan, the tax rate is increased by 10%.
Income from remuneration for labor services, if it is a one-time income, it is considered as one time when the income is obtained; if it is a continuous income from the same item, it is considered as one time when the income is obtained within one month.
See Table 2-4 for the applicable tax rate table for the taxable amount of income from remuneration for labor.
Table 2-4: Applicable Tax Rate Table for Income from Remuneration for Labor Services
Levels Taxable Income Tax Rate (%) Accelerated Deductions
1 Up to 20,000 Yuan 20 0
2 More than 20,000 to 50,000 yuan 30 2,000
3 More than 50,000 yuan 40 7,000
Taxable amount of remuneration for labor (up to 4,000 yuan) = (remuneration for labor - 800) × 20%
Taxable amount of remuneration for labor (more than 4,000 yuan) = remuneration for labor × (1 - 20%) × rate - 20%
Taxable amount of remuneration for labor (more than 4,000 yuan) = remuneration for labor × (1 - 20%) × rate - 20 -20%) × tax rate - quick deduction
Director's fee income earned by an individual due to his/her position as a director belongs to the nature of income from remuneration for labor and is subject to individual income tax according to the item of income from remuneration for labor.
Wages and salaries are remuneration for non-independent personal labor activities, i.e., employment in institutions, organizations, schools, troops, enterprises and institutions and other organizations; remuneration for labor is remuneration for individuals independently engaging in a variety of skills and providing various services. The main difference between the two is that there is a relationship of employment and employment in the former, while there is no such relationship in the latter.
Three, the calculation of taxable income
The income from manuscripts, each time the income does not exceed 4,000 yuan, minus 800 yuan; more than 4,000 yuan, minus 20% of the expenses, the balance of the taxable income. Income from manuscript remuneration is subject to a proportional tax rate of 20 percent and a 30 percent reduction in the taxable amount.
Taxable amount of manuscript remuneration (under 4,000 yuan) = (income from manuscript remuneration - 800) × 20% × (1-30%)
Taxable amount of manuscript remuneration (over 4,000 yuan) = income from manuscript remuneration × (1-20%) × 20% × (1 -30%)
The organization that pays the remuneration should withhold and pay the individual income tax on behalf of the individual when the remuneration is paid.
Four, the calculation of taxable income from property leasing
Income from property leasing refers to the income derived from the leasing of buildings, land use rights, machinery and equipment, vehicles and ships, and other property. Income from property leasing, each time the income does not exceed 4,000 yuan, minus 800 yuan; 4,000 yuan or more, minus 20% of the expenses, the balance of the taxable income. Income from property leasing is subject to a proportional tax rate of 20%. Income from property leasing is based on income earned within one month. The current personal income tax rate for individuals renting out their homes is 10 percent.
Property rental income obtained by individuals renting property, in calculating the payment of personal income tax, the following expenses should be deducted in order: ① taxes paid in the process of property leasing;
② the actual expenditure on repair costs of the rented property at the expense of the taxpayer;
③ the standard deduction of expenses prescribed by the tax law.
V. Calculation of taxable income from property transfers
Income from property transfers, the income from the transfer of property, less the original value of the property and reasonable expenses, the balance of taxable income. Income from property transfer is subject to a proportional tax rate of 20%.
Individuals are temporarily exempted from personal income tax on income derived from the transfer of shares of listed companies.
VI. Calculation of Taxable Income from Auctioning Property
Individuals auctioning property other than original manuscripts and copies of written works shall pay taxable income from the transfer of such property, less the original value of the property and reasonable expenses, and shall pay individual income tax at a rate of 20% under the item "Income from Transfer of Property". Individual Income Tax.
The personal income tax payable on the income from the auction of personal property shall be withheld and paid by the auction unit, and the tax declaration shall be made to the competent tax authority in the place where the auction unit is located in accordance with the regulations.
VII. Calculation of Taxable Amount of Royalty Income
Royalty income, each time the income does not exceed 4,000 yuan, minus 800 yuan; more than 4,000 yuan, minus 20% of the expenses, the balance of the taxable income. Royalty income, apply proportional tax rate, the tax rate is 20%.
The formula for calculating the taxable amount of royalty income below 4,000 yuan is:
Taxable amount = (royalty income - 800) × 20%
The formula for calculating the taxable amount of royalty income above 4,000 yuan is:
Taxable amount = royalty income × ( 1-20%) × 20%
VIII. Calculation of Taxable Amount of Interest, Dividend and Bonus Income
Income from interest, dividend and bonus is subject to a proportional tax rate of 20%. Interest, dividends, dividends income, the amount of each income as taxable income. Interest income from savings deposits accrued after October 9, 2008 (inclusive) is temporarily exempted from personal income tax.
9. Calculation of Taxable Income from Occasional Income and Other Income
Occasional income and other income are subject to a proportional tax rate of 20%. Occasional income and other income, the amount of each income as taxable income.