How to pay personal income tax?

China's personal income tax collection method combines source withholding with self-declaration, and pays attention to source withholding. The collection methods of personal income tax can be divided into monthly collection and annual collection Income from production and operation of individual industrial and commercial households, income from contracted operation and lease operation of enterprises and institutions, income from wages and salaries of specific industries and income obtained outside China shall be taxed on an annual basis, and the taxable amount of other income shall be taxed on a monthly basis.

1, the calculation formula of payroll tax

Taxable amount = (salary income-"five insurances and one gold"-deduction) × applicable tax rate-quick deduction.

2. The tax exemption is 5000, and the calculation method of excess progressive tax rate is adopted.

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

3. Deduction standard

Individual tax is calculated according to the threshold standard of 5000 yuan/month.

For example, 4

If a person's wage income is 5000 yuan, his personal income tax should be: (5000- social insurance amount paid by individuals -5000)×3%-0 = income tax amount paid by individuals.

Personal income tax rate

Personal income tax has three different tax rates according to different tax items:

1. Income from wages and salaries is subject to the seven-level excess progressive tax rate, which is calculated according to the monthly taxable income. The tax rate is divided into seven levels according to the taxable income of individual monthly wages and salaries, with the highest level being 45% and the lowest level being 3%.

2. Income from production and operation of individual industrial and commercial households and enterprises and institutions shall be subject to a progressive tax rate of 5 levels. The income from production and operation of individual industrial and commercial households and the annual taxable income from contracted operation and lease operation of enterprises and institutions are divided into five grades, with the lowest grade being 5% and the highest grade being 35%.

3. Proportional tax rate. Personal income tax is levied on income from remuneration for authors, remuneration for labor services, royalties, interest, dividends, bonus income, income from property leasing, income from property transfer, accidental income and other income, and the proportional tax rate of 20% is applicable. Among them, the proportional tax rate of 20% is applicable to the income from remuneration, and the tax payable is reduced by 30%; If the one-time income from labor remuneration is abnormally high, except for 20% tax, the part of taxable income exceeding 20,000 yuan to 50,000 yuan shall be calculated according to the provisions of the tax law, and then levied according to 50% of the taxable amount; More than 50,000 yuan, plus 100%.