How to calculate personal tax in Shenzhen

Personal income tax in Shenzhen is the same as that in the whole country, and a unified standard is implemented.

The calculation formula of individual tax is: tax payable = (wage income-"five insurances and one gold"-deduction) × applicable tax rate-quick deduction.

The tax threshold is 5000, and the calculation method of excess progressive tax rate is as follows:

Tax amount = monthly taxable income * tax rate-quick deduction

Actual salary = salary payable-four gold-tax payment.

Monthly taxable income = (salary payable-four gold) -5000

Deduction standard: individual tax is calculated according to the threshold standard of 5000 yuan/month.

How much is the tax?

Taxation refers to a normative form in which the state participates in the distribution of social products compulsorily and free of charge in accordance with the law in order to provide public products to the society and meet the common needs of the society, and obtains fiscal revenue. Taxation is a very important policy tool. Moreover, because many aspects of taxation affect our lives, tax research is a topic we often talk about throughout the book. In this part, we begin to study how taxes affect the economy.

system

State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) is the directly affiliated institution (ministerial level) in charge of tax work in the State Council. In the process of developing socialist market economy, taxation bears the functions of organizing fiscal revenue, regulating economy and regulating social distribution. 1994 tax reform, division of national tax and local tax system below the provincial level.

Legal basis:

Individual Income Tax Law of the People's Republic of China

Article 3 The tax rate of individual income tax:

(1) For comprehensive income, the excess progressive tax rate of 3% to 45% is applicable (the tax rate table is attached);

(2) For operating income, the excess progressive tax rate of 5% to 35% shall apply (the tax rate table is attached);

(3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to the proportional tax rate of 20%.

Article 11 Individual income tax shall be paid on an annual basis for the comprehensive income obtained by individual residents; If there is a withholding agent, the withholding agent shall withhold the advance tax on a monthly basis or every time; If settlement is needed, it shall be settled within March 1 day to June 30th of the following year. The withholding measures shall be formulated by the competent tax authorities of the State Council.

Where individual residents provide withholding agents with special additional deduction information, the withholding agent shall deduct the withheld tax in accordance with the provisions when withholding monthly, and shall not refuse.

If a non-resident individual has a withholding agent for income from wages and salaries, remuneration for labor services, remuneration for manuscripts and royalties, the withholding agent shall withhold and pay the tax on a monthly basis or every time, without making final settlement.

Individual income tax rate table 1 (applicable to comprehensive income)

Taxable income tax rate of series year (%)

1 3 does not exceed 36,000 yuan.

2 The part exceeding 36,000 yuan to144,000 yuan is 10.

3144,000 yuan to 300,000 yuan 20

4 part of more than 300 thousand yuan to 420 thousand yuan 25

5 More than 420,000 yuan to 660,000 yuan 30

6 More than 660,000 yuan to 960,000 yuan 35

7 part of more than 960 thousand yuan 45

(Note 1: The annual taxable income mentioned in this table refers to the income of individual residents in each tax year, after deducting expenses of 60,000 yuan, special additional deductions, special additional deductions and other deductions determined according to law in accordance with the provisions of Article 6 of this Law.

Note 2: Non-resident individuals' income from wages, salaries, labor remuneration, royalties and royalties shall be converted monthly according to this table to calculate the taxable amount. )

Personal income tax rate table 2 (applicable to operating income)

Taxable income tax rate of series year (%)

1 5 not exceeding 30,000 yuan

2 The part exceeding 30,000 yuan to 90,000 yuan is 10.

3 More than 90,000 yuan to 300,000 yuan 20

4 the part exceeding 300,000 yuan to 500,000 yuan 30

5 the part exceeding 500,000 yuan 35

(Note: The annual taxable income mentioned in this table refers to the balance of the total income in each tax year after deducting costs, expenses and losses in accordance with the provisions of Article 6 of this Law. )