In Beijing monthly salary of 5000 five insurance and gold how to deduction

After tax salary of 5,000, before deducting five insurance tax is 5,929.72, without deducting five insurance tax is 5,000.

According to the relevant provisions of the Beijing Municipal Government, the Beijing Municipal Employer to pay for the employees "five insurance and one gold", "five insurance" that is basic pension insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance, "one gold" that is housing provident fund. The "five insurance" is basic pension insurance, basic medical insurance, unemployment insurance, industrial injury insurance and maternity insurance, "one gold" is housing provident fund.

And individual employees are only required to pay three insurance and one gold, i.e. provident fund and pension, medical and unemployment insurance.

The base of contribution is calculated according to the employee's own average monthly salary of the previous year. Pension insurance is the unit to pay 20%, individuals pay 8%; medical insurance is the unit to pay 10%, individuals pay 2% + 3 yuan of major medical co-ordination; unemployment insurance unit to pay 1%, individuals pay 0.2%; industrial injury insurance is the unit to pay 1%; maternity insurance is the unit to pay 0.8%.

August 31, 2018, the thirteenth session of the Standing Committee of the National People's Congress of the fifth meeting of the "decision on the revision of the Law of the People's Republic of China *** and the State of China's Individual Income Tax Law", the tax exemption from 3,500 yuan to 5,000 yuan.

So now the salary of 5000 do not have to pay taxes, without deducting five insurance, before tax is 5000. five insurance payment ratio is 8% +2% +3 +0.2% = 10.2% +3 yuan.

After deducting the five insurance is 5000, set the salary due before tax is X, more than 5000 part of less than 3000 tax rate of 3%.

X-(X-5000)×3%-(10.2%X+3)=5000

Solve X=5929.72

Specifically, as follows:

Expanding the brackets of the three lower tax rates of 3%, 10%, and 20%, the bracket of the 3% tax rate will be doubled, and the tax rate for the portion of income that has a current tax rate of 10% will be reduced to 3%. The brackets for the 10% tax rate have been greatly expanded, and the tax rate for income at the current rate of 20% and for part of the income at the current rate of 25% has been reduced to 10%; the tax rate for part of the income at the current rate of 25% has been reduced to 20%; the brackets for the 25% tax rate have been reduced accordingly, and the brackets for the three higher tax rates of 30%, 35%, and 45% have remained unchanged.

So, if your salary is 10,000 yuan or more, not only the starting point of personal tax has been raised, the corresponding tax rate will also be lowered, less tax will be paid more.

Suppose your pre-tax salary is 12,000 yuan, before the tax reform, each month need to pay the tax,611.6 yuan, after the tax reform, each pay only 129.99 yuan of tax, less than the original 481.61 yuan, which will be able to see the gap.

1, we said the tax starting point for 5,000 yuan, for the amount of money after deducting five insurance and one gold, so the actual salary of 6,000 yuan or more before you need to deduct taxes.

2, in addition to the increase in the starting point of personal tax, reduce some of the tax rate, but also increased special deductions, such as children's education, housing loan interest and rent, etc., the actual savings of personal tax will be more.

Baidu Encyclopedia - Individual Income Tax