Not more than 1,500 yuan, according to 3%;
More than 1,500 yuan to 4,500 yuan, according to 10%;
More than 4,500 yuan to 9,000 yuan, according to 20%;
More than 9,000 yuan to 35,000 yuan, according to 25%;
The portion exceeding $35,000 to $55,000 is at 30%;
The portion exceeding $55,000 to $80,000 is at 35%;
The portion exceeding $80,000 is at 45%.
The state payroll deduction tax is what we call personal income tax, which is the amount of tax payable calculated in accordance with the state payroll deduction standard The personal income tax rate is the ratio between the amount of personal income tax and the amount of taxable income. The personal income tax rate is set by the corresponding national laws and regulations, and is calculated according to the individual's income. Paying personal income tax is an obligation for citizens whose income reaches the payment standard.On August 31, 2018, the Fifth Meeting of the Standing Committee of the Thirteenth National People's Congress, "Decision on the Amendment of the Law of the People's Republic of China on Individual Income Tax," raised the personal tax exemption from 3,500 yuan to 5,000 yuan.
Individual income tax is a general term for the legal norms that regulate the social relations between taxing authorities and natural persons (residents and non-residents) in the process of collection and administration of individual income tax. The taxpayers of individual income tax include both resident taxpayers and non-resident taxpayers. Resident taxpayers are fully liable to pay tax and must pay individual income tax on all their income derived from within and outside China, while non-resident taxpayers pay individual income tax only on their income derived from within China.
Individual income tax is a tax levied on the income of individuals, including the following:
1. Wages and Salary Income
Individuals' wages, salaries, bonuses, year-end raises, bonuses, allowances, subsidies, and other incomes related to employment or employment.
2. Income from Remuneration for Labor Services
Individuals' income from designing, decorating, installing, drafting, laboratory, testing, medical, legal, accounting, consulting, lecturing, journalism, broadcasting, translating, reviewing, painting, calligraphy, sculpting, film, television, sound recording, video recording, performance, performance, advertisement, exhibition, technical service, referral service, economic service, agency service and other labor services.
3. Income from Remuneration
Individuals' income derived from the publication of their works in the form of books and newspapers.
4. Royalty Income
Individuals receive income from the provision of the right to use patents, copyrights, trademarks, non-patented technologies, and other royalties. Income derived from the provision of the right to use copyrights does not include income from manuscripts.
5. Business Income
(1) Income derived from production and business activities of individual industrial and commercial households, and income derived from production and business activities of sole proprietorships and partnerships registered in the country by investors and individual partners;
(2) Income derived from schooling, medical care, counseling, and other remunerated services provided by an individual according to the law. ;
(3) Income derived from contracting, leasing, and subcontracting or subletting by individuals to enterprises and institutions;
(4) Income derived by individuals from engaging in other production and business activities.
6. Interest, Dividend and Bonus Income
Interest, dividend and bonus income obtained by an individual who owns debt or equity.
7. Income from property leasing
Income derived from the leasing of real estate, machinery and equipment, vehicles and vessels, and other property by individuals.
8. Income from Transfer of Property
Individuals transferring securities, equity shares, partnership shares, real estate, machinery and equipment, vehicles and ships, and other property to obtain income.
9. Incidental Income
Individuals who win prizes, lottery, lottery and other incidental income.
Legal basis:
Article 6 of the Individual Income Tax Law:
Calculation of taxable income:
(1) The comprehensive income of a resident individual shall be calculated as the taxable income in the following manner: (a) The income of a resident individual shall be calculated as the taxable income in each taxable year, less the expenses of sixty thousand Yuan and the balance of the special deductions, the special additional deductions, and other deductions determined by law. that is the taxable income.
(2) The wages and salaries of non-resident individuals are taxable as the balance of monthly income less expenses of five thousand yuan; the income from remuneration for labor, remuneration for articles and royalties are taxable as the amount of each income.