How to calculate the personal income tax of Ping An Insurance salesman

Calculation basis:

Taxable income = monthly salary income - social security premiums, housing provident fund.

Individual income tax payable = (taxable income deduction standard) * applicable tax rate - quick deduction.

The deduction standard is 1,600 yuan per month (raised to 2,000 yuan from March 1, 2008).

if it does not exceed 500 yuan, the tax rate is 5%, and the quick deduction is 0;

For the part exceeding 500 yuan to 2,000 yuan, the tax rate is 10%, and the quick deduction is 25

For the part exceeding 2,000 yuan to 5,000 yuan, the tax rate is 15, and the quick deduction is 125

For the part exceeding 5,000 yuan to 20,000 yuan, the tax rate is 20, and the quick deduction is 375

For the part exceeding 20,000 yuan to 40,000 yuan, the tax rate is 25%, and the quick deduction is 1,375

For the part exceeding 40,000 yuan to 60,000 yuan, the tax rate is 30%, and the quick deduction is 3,375

For the part exceeding 60,000 yuan to 80,000 yuan, the tax rate is 35%, and the quick deduction is 6,375

For the part exceeding 80,000 yuan to 100,000 yuan, the tax rate is 40%, and the quick deduction is 10,375

For the part exceeding 100,000 yuan, the tax rate is 45%, and the quick deduction is 15,375

Unified calculation standards, find individual income tax calculation tools online. Depending on how much you get paid, you can calculate it.

How is it calculated? According to the CIRC.

Notice on Clarifying the Composition of Insurance Marketers' Commissions".'It is stipulated that the commission of an insurance marketer shall be determined by the cost of business and remuneration for labor services.

Constitute. In accordance with the provisions of the tax law, no individual income tax is levied on the cost of business development in the commission; For the part of labor remuneration, the actual business tax and surcharge paid will be deducted.

After that, the individual income tax shall be calculated and levied in accordance with the relevant provisions of the tax law.

According to the actual situation of insurance marketers, the proportion of business development costs in commissions is tentatively set at 40%. Lead plum.

The payment of various grades of tax for marketers

1. If the monthly income is less than 1,333 yuan, there is no need to levy individual income tax and business tax

2. 1,333 yuan "monthly income< 7,339 yuan

For example: 1. A monthly income of 4999 yuan.

Sales tax and surcharge = 0

Personal income tax = [(4999x(1-40%)-0)-800]x20%=yuan.

2. A monthly income of 6,000 yuan.

Sales tax and surcharge = 6000x RMB.

Individual income tax = [(6000x(1-40%)-330)-800]x20%=494 yuan.

The total tax is 824 yuan.

3. 7,339 yuan "monthly income< 45,870 yuan

For example: b monthly income of 30,000 yuan.

Business tax and surcharge = 30,000 yuan.

Personal income tax = [(30000x(1-40%)-1650) yuan.

The total tax is 4,266 yuan.

4. 45,870 yuan "monthly income< 114,500 yuan

For example: c The monthly income is 100,000 yuan.

Business tax and surcharge = 100,000 yuan.

Personal income tax = [(100,000 x (1-40%)-5500) = 11,080 yuan.

The total tax is 16,580 yuan.

5. The monthly income is 114,500 yuan

For example: d monthly income of 150,000 yuan.

Business tax and surcharge = 150,000 yuan.

Income tax for each person = [(150,000 x (1-40%)-8250) yuan.

The total tax is 27,410 yuan.

Note: Marketer's income refers to commissions, handling fees, allowances, incentives, etc.

It is understood that in the 2019 new version of the insurance marketer's individual income tax calculation table, the special deduction of the insurance marketer's commission is 2,500 yuan per month, and the annual income commission of 100,000 yuan can be exempted from paying individual income tax.

In other words, after deducting 2,500 yuan of commission income per month, when the annual income is 100,000 yuan, there is no need to pay individual income tax.

According to data disclosed by the China Banking and Insurance Regulatory Commission, as of the beginning of 2018, there were 10,000 insurance marketers.

Expand or Ant Profile:

In the "Notice", the policy on the commission income of insurance marketers and brokers clearly mentions that the commission income obtained by insurance marketers and brokers belongs to the income of labor remuneration, and the balance of the income excluding VAT after deducting 20% of the expenses is the amount of income, and the income amount is subtracted from the cost of business development and additional taxes and fees, and is incorporated into the comprehensive income of the current year to calculate and pay individual income tax. The cost of insurance marketers and brokers is calculated at 25% of the income.

The Notice also mentions that when withholding agents pay commission income to insurance marketers and brokers, they shall calculate the withholding tax in accordance with the cumulative withholding method stipulated in the Administrative Measures for Individual Income Tax Withholding Declaration (Trial) (Announcement No. 61 of 2018 of the State Administration of Taxation).

In this regard, professionals believe that the new individual income tax will reduce the tax burden of low- and middle-income people from two aspects: tax rate and pre-tax deduction.

In terms of tax rate, after the tax reform, the tax calculation method of insurance ** people is the same as that of wages and salaries, and the excess progressive tax rate of 3%-45% is applicable, and the applicable tax rate can be reduced from the original 20% to the low-level tax rate of 3% or 10% for low-income marketers.

In terms of pre-tax deduction, labor remuneration can continue to enjoy 20% of the expense deduction, in addition, you can also enjoy the same annual expense deduction standard of 60,000 yuan as wages and salaries. At the same time, the new IIT Law also adds special deductions for housing loan interest, child support, and parental support.

Taking the monthly income of 10,000 yuan as an example, before the tax reform, the annual individual income tax payment was 11,520 yuan, and after the tax reform, the annual individual income tax payment was only 360 yuan (without considering special deductions). If pre-tax deductions such as supporting parents and mortgage interest are considered, the individual income tax that needs to be paid may be reduced by at least 10,000 yuan.

It is worth noting that due to the reduction of the deduction ratio of business costs from 40% to 25%, and the maximum marginal tax rate increased from 40% to 45%, the tax burden of high-income people will increase after the tax reform. It is estimated that without considering the special deduction, when the monthly income of the first person is 110,000 yuan, the individual income tax paid each year before and after the tax reform is basically the same, and when the monthly income is less than 110,000 yuan, the tax burden of the first person after the tax reform will decrease.

Individual income tax collection for insurance practitioners:

1. According to the notice of the State Administration of Taxation on the issue of levying and exempting individual income tax on commission income obtained by insurance marketers (Guo Shui Han [2006] No. 454), the commission of insurance marketers is composed of business costs and labor remuneration, and the proportion of business development costs is tentatively set at 40% of the commission.

2. No individual income tax is levied on the cost of business development in the commission.

3. For the part of labor remuneration, after deducting the actual business tax and surcharges, the individual income tax shall be calculated and levied in accordance with the relevant provisions of the tax law.

For example, the monthly commission income of an insurance salesman of an insurance ** company is 10,000 yuan, and the individual income tax should be paid in the current month = [(yuan.

Extended reading: [Insurance] How to buy, which one is better, teach you to avoid these insurance"pits"

According to 650,000 yuan, the tax threshold is 3,500 yuan, and without deducting three insurances and one housing fund, you need to pay tax on the pure land income: 650000-3500=646500

Extended reading to do auspicious reading: [insurance] how to buy, which is good to rent, hand in hand to teach you to avoid these insurance"pits"

According to the CIRC's "Notice on Clarifying the Commission Structure of Insurance Marketers".'It is stipulated that the commission of Nahuai insurance salesman is composed of business costs and labor remuneration. In accordance with the provisions of the tax law, no individual income tax is levied on the business development costs of the commission company; For the part of labor remuneration, after deducting the actual business tax and surcharges, the individual income tax shall be calculated and levied in accordance with the relevant provisions of the tax law.

The monthly income was 1.23 million yuan" 114,500 yuan.

Sales tax and surcharge = RMB.

Personal Income Tax =

1.23 million x (1-40%)-67650).

207512 yuan.

The total tax is 275162 yuan.

1. What is an insurance company?

The insurance company is an economic organization that collects insurance premiums from the policyholder according to the contract and bears the risk compensation responsibility of the policyholder after the accident, and has professional risk management technology. Insurance companies can be divided into life insurance companies, property insurance companies, deposit insurance companies, reinsurance companies and other types according to their business types or business levels.

2. How to calculate the individual income tax of the insurance company.

The calculation formula of the insurance company's individual income tax is: individual income tax (the part of the salary income of the current month, the part of the individual five insurances and one housing fund that should be paid for the town, and the individual income tax exemption) The applicable tax rate and the quick deduction. For example, if the monthly salary of an individual is 7,000 yuan, the cost of social security and housing is 500 yuan, the amount of individual income tax exemption is 5,000 yuan, and the tax rate is 3, then the individual income tax is (7000 500 5000) 3 0 45 yuan.

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. The individual income tax standard is unified across the country, so the individual income tax threshold for insurance companies is also 3500.

3. What should insurance companies pay attention to when paying taxes?

The IIT Law stipulates that there are 11 taxable items of personal income, including self-employed income, dividends and bonuses, in addition to the most common wages, salaries and remuneration for labor services, as well as incidental income such as winning the lottery and other income that is not clearly specified.

1. China implements this kind of categorical taxation system, that is, the tax rate is set separately for each income item of the taxpayer and the tax is calculated and levied separately. It has the advantage of being easy to withhold at source, and theoretically the more diversified your income is, and the lower the individual items, the lower the taxes.

2. It is an international practice to rob the rich and help the poor.

3. The levy of high-income tax mainly depends on your conscious declaration of individual income tax to pay to the local taxation department of the place where the company is registered, it belongs to the local fiscal revenue, and does not need to be handed over to the state, a company's finance said, but the local taxation bureau can not find the amount of tax paid by a single person, and only the overall number paid by the company in its system, only by checking the company's accounts can it be found to evade individual income tax.

4. The company helps you avoid taxes not only by learning from Lei Feng.

5. Turning over business trip invoices isn't just about proving that you're really spending money.

6. The moon cake tax may not really be collected.

7. Be careful of the critical point of the year-end bonus.

8. The compensation received by the fired squid is not taxed.

9. It is just a gimmick that insurance products can avoid taxes.

10. The wrong place to pay individual income tax may affect your purchase of a car or a house.