The salary payable is 7,200 yuan, after deducting about 1 152 yuan (8% for old-age insurance, 2% for medical insurance, 5% for unemployment insurance 1% and 5% for provident fund, because the proportion of medical insurance and provident fund stipulated by regions and units may be different). Personal income tax =(7200- five insurances and one gold 1 152-5000 exemption) x applicable tax rate 3%-0 quick deduction rate =3 1.44 yuan, the actual payment is 60 16.56 yuan. Pre-tax salary = sum of all income-(social security+provident fund). Pre-tax wages refer to wages payable before paying individual income tax, including hourly wages, piecework wages, bonuses, allowances and subsidies, overtime wages and wages paid under special circumstances. Generally refers to the monthly salary. After-tax salary refers to the salary income actually obtained after deducting the personal income tax, four funds (pension insurance, medical insurance, unemployment insurance and provident fund) from the pre-tax salary. Personal contributions in social insurance and housing accumulation fund are paid before tax.

Which items are included in the special tax deduction?

There are six special deductions for individual income tax.

1, children education

The standard is 1000 yuan per month/child.

Education means that from the age of 3 to doctoral students (including studying abroad), 50% will be deducted by both parents or 100% will be deducted by one of them, which cannot be changed for one year after the selection.

Tip: Children = legitimate/illegitimate children, stepchildren and adopted children. Guardians of other minors shall refer to it.

2. Supporting the elderly

Standard: only child, at 2000 yuan/month; Non-only children are shared with their brothers and sisters, and each person is less than or equal to 1000 yuan per month.

Tip: Old people refer to parents who are over 60 years old, and grandparents who are over 60 years old and whose children have passed away.

The way of taxpayer's annual settlement

Taxpayers can choose the following handling methods:

(a) to handle the annual settlement;

(2) Personal income tax obtained by employing units (including units that withhold and prepay their labor remuneration according to the cumulative withholding method, the same below). Hereinafter referred to as the "unit") for.

If a taxpayer asks for the agency, the unit shall handle it on his behalf, or train and guide the taxpayer to complete the annual final declaration and tax refund (compensation) through the online tax bureau (including mobile personal income tax APP, the same below).

If the unit handles it on its behalf, the taxpayer shall confirm with the unit in writing or electronically before April 30, 20021year, and supplement the comprehensive income, relevant deductions, tax preferences and other information obtained outside the unit in 2020, and be responsible for the authenticity, accuracy and completeness of the information submitted. If the taxpayer has not confirmed with the unit to ask it to handle the annual settlement on its behalf, the unit may not do it on its behalf.

To sum up, entrusting tax-related professional service institutions or other units and individuals, the trustee needs to sign a power of attorney with the taxpayer.

Legal basis: Article 1 of the Individual Income Tax Law of the People's Republic of China.

Individuals who have a domicile in China or have no domicile but have lived in China for a total of 183 days in a tax year are individual residents. Individual income tax shall be paid in accordance with the provisions of this Law on income obtained by individual residents from inside and outside China.