Is the personal income tax threshold of 2,000 yuan appropriate?

As a person who is about to enter the society and has income, like most ordinary people, I hope that the higher the individual income tax threshold, the better.

However, as a student majoring in finance, I think this issue still needs to be analyzed comprehensively. First of all, on the issue of individual income tax adjustment, the practice of simply adjusting the tax threshold is not very rigorous, and other adjustments need to be made at the same time, such as the adjustment of the tax bracket proposed by many scholars. Secondly, even if the reality (such as prices, etc.) determines that we need to adjust the tax threshold, we also need to consider other circumstances, our country's personal income tax now accounts for a large proportion of the national tax revenue, if the tax threshold is raised, it will indeed cause instability in fiscal revenue, which will lead to a series of serious consequences, I think this is an irresponsible performance as I said upstairs is still a bit extreme.

In addition, there is another issue that needs to be paid attention to, that is, we are still in the inflation stage, and the state is also implementing some measures to adjust.

In short, I think adjustments are still necessary, but they need to develop a rigorous implementation plan that takes into account the consequences. **Need to act, but, although I personally think that talking about the country and the collective every day is a bit big and empty, we do need to empathize from the perspective of **, and we can't blindly criticize **.

In fact, the issue of individual income tax adjustment has always been a big debate, and many experts and scholars have done relevant research and put forward some suggestions, but there is obviously no adjustment plan that takes into account both theory and practice. My views above are just my personal understanding, and I hope you will criticize and correct.

Originally, when the personal income tax threshold was adjusted from 800 to 2000, a large number of people mentioned that the threshold should be directly adjusted to 5,000 yuan, but it was unsuccessful under the veto of some conservative city representatives.

Conservatives believe that the main source of fiscal revenue is the largest group of low-income strata, the middle class, with a large base, which can ensure the stability of fiscal revenue. It is very indignant, a manifestation of irresponsibility, and I despise these conservative city representatives, and you can see which city representatives are doing the work from the people's livelihood policy.

Legal analysis: the individual income tax threshold is 5,000 yuan.

1. If the salary range is between 1 and 5,000 yuan, including 5,000 yuan, the applicable individual income tax rate is 0%;

2. If the salary range is between 5,000 and 8,000 yuan, including 8,000 yuan, the applicable individual income tax rate is 3%;

3. The salary range is between 8,000 and 17,000 yuan, including 17,000 yuan, and the applicable individual income tax rate is 10%;

4. The salary range is between 17,000 and 30,000 yuan, including 30,000 yuan, and the applicable individual income tax rate is 20%;

5. If the salary range is between 30,000 and 40,000 yuan, including 40,000 yuan, the applicable individual income tax rate is 25%;

6. If the salary range is between 40,000 and 60,000 yuan, including 60,000 yuan, the applicable individual income tax rate is 30%;

7. If the salary range is between 60,000 and 85,000 yuan, including 85,000 yuan, the applicable individual income tax rate is 35%;

8. If the salary range is more than 85,000 yuan, the applicable individual income tax rate is 45%.

Legal basis: Article 2 of the Individual Income Tax Law of the People's Republic of China The following individual income shall be subject to individual income tax:

1) Income from wages and salaries;

2) Income from remuneration for labor services;

3) Income from author's remuneration;

4) Income from royalties;

5) Business income;

6) Income from interest, dividends and bonuses;

7) Income from property lease;

8) Income from the transfer of property;

9) Incidental gains.

Resident individuals who obtain the income from items 1 to 4 of the preceding paragraph (hereinafter referred to as "comprehensive income") shall calculate individual income tax on a consolidated basis according to the tax year; For non-resident individuals who obtain the income in items 1 to 4 of the preceding paragraph, the individual income tax shall be calculated on a monthly or sub-itemized basis. Taxpayers who obtain the income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this Law.

The personal income tax threshold is RMB 5,000. The scope of individual income tax includes: the income from wages and salaries of workers; income from production and operation of individual industrial and commercial households; income from contracted and leased operations of enterprises and institutions; Income from remuneration for labor services; income from author's remuneration; royalty income; Interest, dividends, bonus income, etc.

1. Is the personal income tax threshold 5000?

The individual income tax threshold (correctly called the deduction standard or exemption amount of individual income tax expenses) refers to the tax system formulated by the state in order to improve the tax system and better carry out tax reform. On April 20, 2011, the 20th meeting of the Standing Committee of the 11th National People's Congress was held, and the individual income tax exemption amount was proposed to be adjusted to 3,500 yuan. In mid-June 2011, a survey showed that 48% of Internet users requested a revision of the IIT exemption amount.

On August 31, 2018, the decision to amend the individual income tax law was passed, with a threshold of 5,000 yuan per month, and the latest tax threshold and tax rate will be implemented from January 1, 2019.

2. Individual income tax threshold 5000 tax rate table

The tax threshold of 5000 is as follows:

1. The tax rate for the taxable income not exceeding 3,000 yuan for the whole month is 3%, and the quick deduction is 0.

2. The tax rate for the part of the taxable income exceeding 3,000 yuan to 12,000 yuan for the whole month is 10%, the tax rate for the part of the taxable income exceeding 12,000 yuan to 25,000 yuan for the whole month is 20%, the tax rate for the part of the taxable income exceeding 25,000 yuan to 35,000 yuan for the whole month is 25%, and the tax rate for the part of the taxable income exceeding 35,000 yuan to 55,000 yuan for the quick deduction is 30%. The tax rate for the part of the taxable income exceeding 55,000 yuan to 80,000 yuan for the whole month is 35%, and the tax rate for the part of the taxable income exceeding 80,000 yuan for the whole month is 45%, and the quick deduction is 15,160.

3. When is the personal income tax threshold of 5000?

January 1, 2019. The threshold is set at 5,000 yuan per month. The new IIT Law stipulates:

The comprehensive income of a resident individual shall be the taxable income after deducting expenses of 60,000 yuan and special deductions, special additional deductions and other deductions determined in accordance with the law.

The above is a detailed answer to the question of whether the personal income tax threshold is 5000, for personal income tax, its threshold is 5000, and with the amount of salary, the proportion of the tax collection stage is also different, pay personal income tax in time, try not to default.

Legal analysis: The personal income tax threshold is adjusted to 5,000 yuan per month.

On August 31, 2018, the decision to amend the individual income tax law was passed, with a threshold of 5,000 yuan per month, and the latest tax threshold and tax rate will be implemented from October 1, 2018.

Taxable income = monthly income - 5,000 yuan (tax threshold) - special deductions (three insurances and one housing fund, etc.) - special additional deductions - other deductions determined according to law.

1. The income from wages and salaries shall be subject to the 7-level excess progressive tax rate, and the tax shall be calculated and levied on the basis of the monthly taxable income.

2. The production and business income of individual industrial and commercial households and the 5-level excess progressive tax rate shall be applied to enterprises and institutions.

3. Proportional tax rate. Individual income tax shall be levied on a per-instance basis for the income from author's remuneration, remuneration for labor services, royalties, interest, dividends, profits, property leasing, property transfer, incidental income and other income, and a proportional tax rate of 20% shall be applied.

On August 27 this year, the fifth meeting of the Standing Committee of the 13th National People's Congress (NPC) once again deliberated on the draft amendment to the Income Tax Law for Liquid-Splitting Persons. This is the seventh revision since the 1980 individual income tax legislation, seven years after the last amendment, and it has also attracted public attention. Individual income tax threshold of 5000 A major change in the revision of the individual income tax law is that the income from wages and salaries, income from labor remuneration, author's remuneration and royalties that were originally taxed separately will be taxed separately.

The standard for the basic deduction of the above four comprehensive income items (commonly known as the individual income tax threshold) has been raised to 5,000 yuan per month (60,000 yuan per year). The new IIT Law will come into effect on January 1, 2019, and the latest tax threshold and tax rate will come into effect on October 1, 2018. The new IIT Law stipulates that from October 1, 2018 to December 31, 2018, the income from wages and salaries of taxpayers shall be calculated and paid on a monthly basis after deducting expenses of 5,000 yuan from the monthly income and the balance of special deductions and other deductions determined in accordance with the law, and the tax shall be calculated and paid on a monthly basis in accordance with the individual income tax rate table (applicable to comprehensive income), and no additional deduction expenses shall be deducted.

Who benefits the most? The multi-pronged approach of raising the individual income tax threshold for lower-middle-income groups, expanding the low-grade tax bracket, and increasing special additional deductions will reduce the individual income tax burden of the people, especially for the lower-middle-income groups. Liu Kun, Minister of Finance, previously pointed out in the draft explanation that according to the standard of 5,000 yuan and combined with the adjustment of the tax rate structure, taxpayers who obtain comprehensive income such as wages and salaries have generally reduced their tax burdens to varying degrees, especially the tax burden of the lower middle-income groups has decreased significantly, which is conducive to increasing residents' income and enhancing consumption capacity.

Why is the threshold determined to be 5,000 yuan? This is the fourth time that the tax threshold has been raised. Previously, the individual income tax threshold was set at 800 yuan in 1980 and has been adjusted three times, increasing to 1,600 yuan in 2006, 2,000 yuan in 2008 and 3,500 yuan in 2011.

This criterion comprehensively considers various factors such as the growth of the people's consumption expenditure, and reflects a certain forward-looking. The personal income tax threshold has been adjusted to 5,000 yuan, which has benefited people with low and middle incomes. In addition, the revision of the individual income tax law also provides more preferential tax policies, which is in line with the development needs of the times.

Trapped demolition. Article 6, Paragraph 1 of the Individual Income Tax Law.

Item 1 and 2 Calculation of taxable income: (1) The comprehensive income of a resident individual shall be the taxable income after deducting expenses of 60,000 yuan and special deductions, special additional deductions and other deductions determined in accordance with the law from the income of each tax year. (2) The income from wages and salaries of non-resident individuals shall be the taxable income after deducting the monthly income of 5,000 yuan; Income from remuneration for labor services, author's remuneration and royalties shall be taxable income based on the amount of each income.

This time, the personal income tax threshold was raised to 5,000 yuan, an increase of 500 yuan from the previous 3,500 yuan. This makes some residents no longer have to pay personal income tax, and it also reduces the amount payable by some residents a lot. It is indeed a good thing for the benefit of the people.

In addition, deductible amounts have been added to the personal income tax.

1. Expenses for children's education.

This is a personal income tax reduction policy for children, and the specific details have not yet been finalized. However, it should be the shared quota of both husband and wife, and if it is a single-parent family, you can enjoy the full quota. This is undoubtedly the state urging us to have children.

2. Continuing education expenditures.

Continuing education is the only way to promote the needs of social development, and society is constantly developing, and everyone must not lose the ability to learn. In order to promote the improvement of the quality of the people, the state has specially introduced regulations on the taxation of continuing education expenditures.

3. Medical expenses for serious illnesses.

Serious illness medical expenses refer to taxpayers who have health problems and need to bear greater financial pressure in medical treatment. At this time, the state can deduct the medical expenses for serious illnesses to reduce the burden on taxpayers.

4. Housing loan interest.

Nowadays, many people's houses are purchased with a down payment loan, and they used to receive a salary, pay off the mortgage, live and pay taxes. Now the state includes housing loan interest in the tax deduction program. It is indeed a good thing for the benefit of the people.

Five: housing rent.

In this era when every inch of land is at a premium, there are many people who would rather rent a house than go far to take on debt to buy a house. If you don't have a house, you won't have a housing loan, so you have launched a housing rent deduction program for this purpose. Friends who rent a house can still enjoy the assistance of the policy.

Six: Expenses for supporting the elderly.

Nowadays, China's population is seriously aging, and many young people are old and young, which will undoubtedly increase the burden of life. In order to allow the elderly to be better cared for and make Hu Han's young people feel more at ease, the state has specially launched this tax deduction project to support the elderly. From now on, the elderly are no longer a burden on our lives.

The Decision on Amending the Individual Income Tax Law of the People's Republic of China stipulates that from October 1, 2018 to December 31, 2018, taxpayers' income from wages and salaries;

In advance, the balance of the monthly income after deducting expenses of 5,000 yuan and special deductions and other deductions determined in accordance with the law shall be the taxable income; In accordance with Table 1 of the individual income tax rate (applicable to comprehensive income) in Article 16 of this Decision, the tax shall be calculated and paid on a monthly basis, and the additional deduction expenses shall not be deducted.