According to the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Adjusting the Method of Calculating Individual Income Tax for Individuals Obtaining Annual One-time Bonuses (Guo Shui Fa [2005] No.9), taxpayers who obtain annual one-time bonuses should be taxed according to the salary and salary income of one month respectively. Divide the annual one-time bonus obtained by employees in the current month by 12 months, and determine the applicable tax rate and quick deduction according to their quotient? Press it again? Determine the applicable tax rate and quick deduction to calculate tax? . This method is only allowed to be used once for each taxpayer in a tax year.
The first method is the calculation that the year-end bonus is higher than (or equal to) the expense deduction.
According to the provisions of the year-end bonus tax law, when an individual obtains a one-time bonus for the whole year, and the salary income of the month when the individual obtains the bonus is higher than (or equal to) the expense deduction 1600 yuan stipulated in the tax law, the calculation formula is as follows:
Taxable amount = individual gets a one-time bonus for the whole year in that month? The applicable tax rate-quick deduction, the monthly salary, salary income and one-time bonus of the whole year are calculated and paid separately.
Example: 1: Li's year-end bonus in 2006 was 12000 yuan, his salary income in that month was 2,000 yuan, and his tax payable was 1 195 yuan.
1、 12000。 Leather; 12= 1000 yuan, applicable tax rate 10%, quick deduction of 25.
2. What is the taxable amount of the year-end bonus 12000? 10%-25 =1175 (yuan)
3. The taxable amount of salary income in the current month is (2000- 1.600)? 5%=20 (yuan)
4. The total tax payable in the current month is1175+20 =1195 (yuan).
The second method is to calculate that the personal salary income in the month of receiving the year-end bonus is lower than the expense deduction.
If the income from personal wages and salaries in the month when the year-end one-time bonus is issued is lower than the expense deduction stipulated in the tax law, the year-end bonus shall be deducted? What is the difference between an individual's salary, salary income and expense deduction in the current month? After the balance, determine the applicable tax rate and quick deduction of the year-end bonus. At this time, the calculation formula is:
Taxable amount = (year-end bonus received by an individual in the current month-the difference between the salary, salary income and expense deduction of the individual in the current month)? Applicable tax rate-quick deduction.
Example 2: Liu's salary income in that month was less than 65,438+0, and 600 yuan (only 65,438+0,000 yuan). On June 65,438+0.03, 2007, the company gave Liu a year-end bonus of 3,000 yuan. Therefore, the difference between the salary and expenses of the current month should be deducted from the year-end one-time bonus. Accordingly, Liu should pay personal income tax 120 yuan when receiving this year-end bonus. The calculation process is:
The taxable income is 3,000-(1600-1000) = 2,400 yuan.
2400 & leather; 12=200 yuan, applicable tax rate is 5%, and quick deduction is 0;
Taxable amount 2400? 5%= 120 (yuan)
The third method is that the year-end bonus is divided by 12, which is less than 1600, and tax is also required.
In particular, the annual one-time bonus divided by 12, which is lower than the statutory fee deduction 1600 yuan, will also be taxed.
Because the taxpayer's expense deduction has been deducted from the salary, dividing the annual bonus by 12 is mainly for determining the applicable tax rate and quick deduction, and cannot be used as a basis for judging whether to pay taxes.
Example 3: The annual one-time bonus is18,000 yuan, and the annual bonus divided by 12 is 1500 yuan. Although this is lower than the legal fee deduction of 1.600 yuan, it should be paid at the corresponding tax rate of 1.775 yuan.
18000。 Leather; 12= 1500 yuan, the applicable tax rate is 10%, and the quick deduction is 25.
Is the tax payable 18000? 10%-25= 1775 (yuan)
1. The annual one-time bonus refers to the one-time bonus paid to employees by withholding agents such as administrative organs, enterprises and institutions according to their annual economic benefits and comprehensive assessment of employees' annual work performance.
The above-mentioned one-time bonus also includes the year-end salary increase, annual salary and performance salary issued by the unit that implements the annual salary system and performance salary method according to the assessment situation.
Second, taxpayers get a one-time bonus for the whole year, which is calculated and taxed separately as one month's salary income, and withheld and remitted by withholding agents according to the following tax calculation methods:
(1) Divide the annual one-time bonus obtained by employees in the current month by 12 months, and determine the applicable tax rate and quick deduction according to their quotient.
If, in the month when the year-end one-time bonus is paid, the employee's salary in that month is lower than the expense deduction stipulated in the tax law, the one-time bonus for the whole year shall be deducted? What is the difference between employee's salary income and expense deduction in the current month? After the balance, determine the applicable tax rate according to the above method and deduct the one-time bonus for the whole year quickly.
(2) The annual one-time bonus obtained by individual employees in the current month shall be taxed according to the applicable tax rate and quick deduction determined in Item (1) of this article, and the calculation formula is as follows:
1. If the employee's wage income in the current month is higher than (or equal to) the expense deduction stipulated in the tax law, the applicable formula is:
Taxable amount = employees get a one-time bonus in the current month? Applicable tax rate-quick deduction
2. If the employee's salary income in the current month is lower than the expense deduction stipulated in the tax law, the applicable formula is:
Taxable amount = (the employee gets a one-time bonus for the whole year in the current month-the difference between the employee's salary income and expense deduction in the current month)? Applicable tax rate-quick deduction
Three, in a tax year, for each taxpayer, the tax method is only allowed to be used once.
Four, the implementation of the annual salary system and performance pay units and individuals to achieve year-end cash annual salary and performance pay according to the second and third of this notice.
5. All bonuses obtained by employees except the one-time bonus for the whole year, such as half-year bonus, quarterly bonus, overtime bonus, advanced bonus, attendance bonus, etc. , should be combined with the salary and salary income of the month, and pay personal income tax according to the tax law.
Six, for individuals who have no domicile to obtain the bonuses mentioned in Article 5 of this notice, if they have no tax obligation in China in the current month, or if they work in China for less than one month due to entry and exit reasons in the current month, they will still pay taxes according to the Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Tax Payment of Bonuses Obtained by Individuals without Domicile in China (Guo Shui Fa [1996]183).
Seven, this notice shall be implemented as of June 2005 1 day. Where the previous provisions are inconsistent with this notice, the provisions of this notice shall prevail. The Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on Taxation of Bonuses Obtained by Individuals with Residence in China (Guo Shui Fa [1996] No.206) and the Notice of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) on How to Calculate Individual Income Tax after the Trial Annual Salary System (Guo Shui Fa [1996] 107) shall be abolished at the same time.
The year-end bonus from labor and labor remuneration is different.
One of Bian Xiao's colleagues is a little girl who is still in the internship period. She hasn't graduated from college yet. When the year-end bonus was given at the end of last year, the little girl cried and deducted a lot of taxes. It turns out that her usual internship salary is 3000 yuan, and the year-end award is 15000 yuan. As a result, she only got 12600 and deducted 2400 tax, which is almost the same as the employee's year-end bonus of 30 thousand.
It should be noted here that the interns who have not graduated sign a labor contract with the company, not a labor contract, and the calculation method of individual tax is different from that of ordinary employees. According to the regulations, the income from labor remuneration is subject to proportional tax rate. If the income does not exceed 4,000 yuan each time, if 800 yuan deducts more than 4,000 yuan, 20% of expenses will be deducted, and the balance will be taxable income.
The year-end bonus is one yuan more and the tax is one thousand yuan more?
We often see the saying that in many cases, if the year-end bonus increases by one yuan, the tax will increase by one thousand yuan. Is it true?/You don't say. Since each tax has tax bands, the tax rate of each tax band will be much higher. Therefore, there is a situation that one yuan is overpaid 1000 yuan or even 1 10,000 yuan, but the company is not a fool. Why should it pay you 18000 yuan? Why should it pay you 1800 1 yuan? In addition, the number of year-end awards is determined by the company. If the company really gave you that much, can you still not take it? So you don't have to worry too much.
Is it very distressing to think that the year-end bonus will deduct thousands of taxes at once? In fact, if you think about it, you should be happy. Paying more taxes means that your salary is high. Some people don't have to pay taxes if they earn less than 3,500 yuan a month, but no one wants to find a job with a lower salary in order not to pay taxes.
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