Will the interest tax on the previous fixed deposit be reduced after the interest tax is lowered?

The previous tax on interest on fixed deposits will not be reduced. It is calculated and levied in two stages: the interest on personal deposits before August 15, 2007 is subject to individual income tax at 20%, and the interest thereafter is levied at 5%.

Segmented calculation, the front is counted as 20, and the latter is counted as 5.

It's not going to change. Imitation round round.

When the RMB unit time deposit is withdrawn at maturity, the interest will be calculated according to the corresponding grade interest rate of the fixed deposit announced by the People's Bank of China on the date of deposit.

If the deposit is not withdrawn on the maturity date, the interest on the current deposit will be automatically transferred to the principal, and the interest rate of the same grade announced by the People's Bank of China on the date of transfer and the original agreed deposit period will be automatically transferred. When the small foreign currency time deposit is withdrawn at maturity, the interest will be calculated according to the corresponding interest rate of the time deposit reserve announced by the China Banking Association on the date of deposit. Preferential interest rates are available for large foreign currency time deposits, but they are not auto-rollover.

Reduced income tax.

It will increase personal disposable income, which will increase investment and consumption. An increase in investment and consumption leads to an increase in the demand for money and, as a result, an increase in interest rates.

Reducing the income tax interest rate, first of all, will increase the income of the enterprise, the income of the enterprise will increase, the relative z expenditure, investment will increase, the investment expenditure existing deposits are not enough, what to do like bank financing, the financing demand increases, the relative interest rate will rise, in order to absorb and store more funds to meet the needs.

A lower deposit rate may result in lower interest income on bank deposits, so some people may consider prepaying or investing** to preserve and grow their value. Both options have their advantages and disadvantages, and need to be weighed and selected according to the individual's specific situation and needs.

1.Prepayment:

Advantages: Prepayment can reduce debt pressure, shorten the loan term, and avoid the risk of increased debt costs due to lower interest rates.

Disadvantages: Prepayment requires a large lump sum payment of principal and interest, which may put some pressure on the cash flow of individual spoilers, and if there is not enough cash flow, it may lead to financial difficulties.

2.Investment**:

Advantages: ** is a relatively stable hedging investment tool, which may maintain and increase its value to a certain extent, and has high liquidity and market value.

Disadvantages: Affected by factors such as market fluctuations and policy risks, there are certain risks, and at the same time, there are certain management and storage costs.

In summary, both prepayment and investment** are options to consider, but they need to be weighed and selected based on the individual's specific circumstances and needs. If the individual has sufficient cash flow and strong risk tolerance, he or she can consider investing** to obtain a certain amount of value preservation and appreciation income; If individuals are more focused on reducing debt pressure and reducing the cost of debt, they can consider prepaying their loans. However, it is important to note that there are certain risks associated with any investment, which require careful evaluation and decision-making.

With the news of the central bank's interest rate cut, many people are worried about whether the interest on their deposits will be affected. In fact, the original deposit interest will indeed be affected to a certain extent after the interest rate cut.

First, a rate cut would reduce the bank's cost of debt, which would lead to a lower interest rate on the bank's deposits to depositors. In other words, if your bank savings account interest rate is fixed, then the interest on your deposit will be affected, and after the interest rate is reduced, the interest on your deposit will be lower. However, if your savings account has a variable interest rate, the interest rate on the deposit may change, but not significantly.

Secondly, interest rate cuts will also have an impact on the interest rates of various wealth management products. In particular, the interest rate of fixed-income wealth management products is often linked to the current market interest rate, and if the market interest rate falls, the expected return of this type of wealth management product will also decrease. Therefore, if you hold these wealth management products, your expected rate of return will also be affected.

In short, according to the principle of interest rate cuts, if the interest rate of the central bank falls, the cost of liabilities of banks will fall, and the interest rate will also fall, which will affect the deposit interest of depositors and the interest rate of various wealth management products. If you are a depositor or wealth management customer of a bank, you should pay close attention to the current market interest rate and adjust your portfolio in a timely manner.

1.The most direct impact of lowering the deposit interest rate is to reduce the interest rate of Hu Wei. Of course, not all bank deposits have an impact.

2.The reduction of deposit rates by banks has a strong guiding effect on interest rate changes in the market as a whole, which means that once the deposit rate is lowered, the interest rates on many other products will also be reduced. For example, some stable financial management yields may decrease due to lower interest rates on bank deposits.

Because in some stable financial portfolios, there are bank deposits.

In addition, the reduction of bank deposit interest rates will also lead to the reduction of interest rates of other fixed income products, such as treasury bond rents, reverse repo treasury bonds, and interbank certificates of deposit. Revenues can decline whether they are purchased outright or financially managed with these products as investment objects. For example, bank financial management, why yields are getting lower and lower, this is certainly related to the decline in the interest rate on bank deposits.

3.The reduction of deposit interest rates by the Bank provides room for lower loan interest rates. If the interest rate on deposits is not reduced, it will be difficult to reduce the interest rate on loans. After all, deposit and loan spreads are a bank's main income**.

When bank deposit rates are lowered, investors can consider investing their money in other financial management, but they should meet their risk tolerance.

With the recent volatility in the financial markets, many banks have begun to cut interest rates on depositors' fixed deposits, so many investors have begun to consider whether such a rate cut will affect the interest on their deposits. Here we will answer this question.

First of all, for the money you have already deposited, the change in the fixed deposit interest rate will not affect the interest you have already deposited, so you do not need to worry about losing your principal. However, if you need to renew your deposit at maturity, the new interest rate will apply.

Second, the bank will send you a notice before the deposit matures to inform you of the change in the interest rate and the new interest rate. Therefore, you can prepare in advance to see if the new interest rate is suitable for you, and then decide whether to continue with the deposit or withdraw early.

In general, if you have already made a fixed deposit, the change in the fixed deposit interest rate will not affect the interest you have already earned. However, the interest rate will be calculated according to the new interest rate during the new deposit term, so it is recommended that you check the new interest rate history before the deposit matures to make a better decision.