Personal income income tax collection standards, personal income tax collection standards

Taxable income = income obtained - tax-exempt income - expense deduction Individual income tax payable = taxable income * applicable tax rate - quick deduction. Where: 1.

Tax-exempt income includes: social insurance premiums and housing provident funds paid by individuals in accordance with regulations, etc. 2。

Since January 1, 2008, the standard of 2,000 yuan has been uniformly implemented across the country. At present, the statutory deduction amount is 800 yuan, but there are unauthorized increases in the implementation of various places, so the actual deduction of expenses is not the same. 3。

The tax rate is 5%-45%, and the nine-level excess progressive tax rate is obtained. Due to the complexity of calculating the progressive tax rate on excess, this translates to a simplified algorithm that uses the applicable tax rate and quick deductions. For specific applicable tax rates and quick deductions, please refer to the tax rate table

Taxable income, applicable tax rate, quick deduction) 0-500 yuan tax rate 5%, quick deduction 0 500-2 000 yuan, tax rate 10%, quick deduction 25, 2 000-5 000 yuan tax rate 15%, quick deduction 125, 5 000-20 000 yuan tax rate 20%, quick deduction 375, 20 000-40 000 yuan tax rate 25%, quick deduction 1 375, 40 000-60 000 yuan tax rate 30%, quick deduction 3 375, 60 000-80 000 yuan tax rate 35% quick calculation deduction 6 375 , 80 000-100 000 yuan tax rate 40% quick calculation deduction 10 375, 100 000 yuan above the tax rate 45% quick calculation deduction 15 375 For example: salary 5000, social security 400, then the tax payable is (5000-400) * 15%-125 = 565, then the taxable amount is 565 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 3 of the Individual Income Tax Law of the People's Republic of China: The tax rate of individual income tax

1) For comprehensive income, an excess progressive tax rate of 3% to 45% shall apply.

2) For business income, an excess progressive tax rate of 5% to 35% shall be applied.

3) Income from interest, dividends and bonuses, income from property leases, income from property transfer and incidental income shall be subject to a proportional tax rate of 20%.

The personal income tax collection standards are as follows:

1. If the salary range is between 1,000 yuan 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%.

Individual income tax shall be paid on the following personal income:

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 property transfer;

9. Accidental gains.

The following personal income is exempt from individual income tax:

1. Bonuses in science, education, technology, culture, health, sports, environmental protection and other aspects issued by provincial-level people's ** and *** ministries and commissions and units above the army level of the Chinese People's Liberation Army, as well as foreign organizations and international organizations;

2. Subsidies and allowances issued in accordance with the unified provisions of the state;

3. Welfare, pension and relief funds;

4. Insurance indemnity;

5. Settling-in allowance, retirement allowance, basic pension or retirement allowance, retirement allowance and retirement allowance paid to cadres and employees in accordance with the unified provisions of the state.

Legal basisArticle 8 of the Individual Income Tax Law of the People's Republic of China.

Under any of the following circumstances, the tax authorities have the right to make tax adjustments in accordance with reasonable methods:

1) The business dealings between an individual and its related parties do not comply with the arm's length principle and reduce the tax payable by the individual or its related party without justifiable reasons;

2) Enterprises established in countries (regions) where the actual tax burden is obviously low and which are controlled by individual residents, or jointly controlled by individual residents and resident enterprises, do not distribute or reduce the distribution of profits that should be attributable to individual residents without reasonable business needs;

3) Individuals who carry out other arrangements that do not have a reasonable commercial purpose and obtain improper tax benefits.

If the tax authorities make tax adjustments in accordance with the provisions of the preceding paragraph and need to make additional taxes, they shall make up the taxes and charge additional interest in accordance with the law.

According to Article 6 of the Individual Income Tax Law of the People's Republic of China, the standard threshold for individual income tax is 5,000 yuan per month (i.e. 60,000 yuan per year).

The specific calculation formula of individual income tax is: tax payable = taxable income applicable tax rate - quick deduction;

Among them: taxable income = monthly income - 5,000 yuan (tax threshold) - special deduction (five insurances and one housing fund, etc.) - special additional deduction - other deductions determined according to law.

Individual income tax stipulates the following three tax rates according to different tax items:

1. For comprehensive income, the progressive tax rate of 3% to 45% is applicable;

2. The excess progressive tax rate of 5% to 35% shall be applied to business income;

3. The income from wages and salaries of non-residents shall be subject to a progressive tax rate of 3% to 45%.

Individual income tax shall be paid on the following personal income:

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.

Legal analysis: The levy standard of individual income tax is 5,000 yuan.

Legal basis: 1. Article 6 of the Individual Income Tax Law, Calculation of Taxable Income:

1) The comprehensive income of individual residents shall be the taxable income after deducting 60,000 yuan of expenses and special deductions, special additional deductions and other deductions determined in accordance with the law in each tax year.

2) The taxable income shall be the balance of the monthly income after deducting expenses of 5,000 yuan from the wages and salaries of non-resident individuals; Income from remuneration for labor services, author's remuneration and royalties shall be taxable income based on the amount of each income.

3) Business income shall be the taxable income based on the balance of the total income of each tax year after deducting costs, expenses and losses.

4) Where the income from property lease does not exceed 4,000 yuan each time, 800 yuan shall be deducted from expenses; If the amount is more than 4,000 yuan, 20% of the expenses will be deducted, and the balance shall be the taxable income.

5) Income from the transfer of property shall be the taxable income after deducting the original value of the property and reasonable expenses from the income from the transfer of property.

6) Interest, dividends, bonuses and incidental income shall be taxable with the amount of each income.

Income from remuneration for labor services, author's remuneration and royalties shall be the balance of the income after deducting 20% of the expenses. The amount of income derived from author's remuneration is reduced by 70%.

If an individual makes a donation to public welfare charitable undertakings such as education, poverty alleviation, and poverty relief, and the amount of the donation does not exceed 30% of the taxable income declared by the taxpayer, it may be deducted from the taxable income of the taxpayer; Where it is stipulated that donations to public welfare and charitable undertakings shall be deducted in full before tax, such provisions shall prevail.

The special deductions provided for in Item 1 of the first paragraph of this Article include social insurance premiums such as basic endowment insurance, basic medical insurance, unemployment insurance, and housing provident fund paid by individual residents in accordance with the scope and standards prescribed by the state; Special additional deductions, including expenses such as children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and support for the elderly, shall be determined by *** and reported to the Standing Committee of the National People's Congress for the record.

For comprehensive income, a progressive tax rate of 3% to 45% is applied; For business income, an excess progressive tax rate of 5% to 35% is applicable; Income from interest, dividends and bonuses, income from property leases, income from property transfer and incidental income shall be subject to a proportional tax rate of 20%.

Legal analysisBefore the adjustment of the IIT policy: the IIT withholding is withheld and paid on a monthly basis. The base of the withholding is the threshold of 5000 per month.

The monthly tax payable is 5,000 yuan, and no individual income tax is withheld. The monthly tax payable is 5,000 yuan, and the individual income tax of the current month needs to be withheld, and then settled at the end of the year, and the excess will be refunded and the deficiency will be compensated. After the adjustment of the individual income tax policy:

Now the withholding is to withhold the individual income tax according to the total annual levy of 60,000 yuan, not monthly, and the current year is accumulated from January, as long as the total income (tax payable) does not exceed 60,000 yuan, there is no need to withhold individual income tax. The cumulative taxable amount is 60,000 yuan, and the individual income tax is not withheld. The cumulative tax amount is 60,000 yuan, and the individual income tax needs to be withheld and prepaid.

To sum up, the personal income tax in 2021 is actually a slight adjustment, with little change. There is no change in the amount of tax that needs to be paid, and there will be no lesser tax to pay. It's just that the withholding method and time node are a little different, simplifying the individual income tax withholding process.

To put it simply: in the past, the total annual income did not exceed 60,000 yuan, but it exceeded 5,000 yuan in a single month, and the individual income tax still needs to be withheld in that month, and then the more will be refunded and the less will be made up at the end of the year. After the adjustment of individual income tax in 2021, it will be simple, and if the cumulative amount does not exceed 60,000, you can directly do not need to pay.

Legal basisIndividual Income Tax Law of the People's Republic of China Article 3 The tax rate of individual income tax: (1) For comprehensive income, the progressive tax rate of 3% to 45% shall be applied (the tax rate table is attached); (2) For business income, an excess progressive tax rate of 5% to 35% shall be applied (the tax rate table is attached); 3) Income from interest, dividends and bonuses, income from property leases, income from property transfer and incidental income shall be subject to a proportional tax rate of 20%.