Personal income tax is calculated after deducting five social insurances and one housing fund.

The monthly income is 10,000 yuan3. After deducting five social insurances, one housing fund and personal tax, the actual income is 10,355 yuan. The specific calculation method is as follows: First, calculate the five social insurances and one fund, that is, 13,000 yuan multiplied by the total proportion of social security and provident fund (8% plus 1% plus 3.5%), and get 1,625 yuan; secondly, to calculate the personal income tax, you should first start with the income After deducting the exemption amount of 3,500 yuan and the five insurances and one housing fund of 1,625 yuan, and then calculating according to the applicable tax rate (20% in this example) and the quick calculation deduction (555 yuan in this example), the individual tax is 1,020 yuan; Finally, deduct the five social insurances, one housing fund and personal tax from the original income, that is, 13,000-1,625-1,020, and the actual income is 10,355 yuan. According to the "Individual Income Tax Law of the People's Republic of China", resident taxpayers need to pay tax on their worldwide income, while non-resident taxpayers only pay tax on their income within China.

The calculation method of personal income tax:

1. Determine the taxable income: the balance after deducting statutory deductions such as five social insurances and one housing fund from wages and salaries;

< p>2. Applicable tax rate and quick calculation deduction: Determine the applicable tax rate and quick calculation deduction based on the cumulative withholding method;

3. Calculate the tax payable: Multiply the taxable income by the applicable tax rate, and then reduce Quickly calculate the deductions to get the amount of tax payable;

4. Determine the amount of tax that should be withheld: deduct the amount of tax payable from the wages and salaries of the current period to get the actual wages and salaries.

To sum up, the calculation of personal income tax is carried out after deducting five social insurances and one housing fund. Taking a monthly income of 10,000 yuan3 as an example, the actual income received is 10,355 yuan. This is achieved by first deducting five The insurance premium is 1,625 yuan and the exemption amount is 3,500 yuan, and then the tax rate is 20% and the quick calculation deduction of 555 yuan is calculated to arrive at an individual tax of 1,020 yuan. At the same time, according to Chinese tax law, the global income tax for resident and non-resident taxpayers The tax treatment of income is different from that of income in China.

Legal basis:

"Regulations on the Implementation of the Personal Income Tax Law"

Article 25

According to national regulations, the unit is an individual Basic pension insurance premiums, basic medical insurance premiums, unemployment insurance premiums, and housing provident funds paid by individuals and paid by individuals shall be deducted from the taxable income of the taxpayer.