The new tax law will take effect on1October 65438+2009+ 1 day, and the latest tax threshold and tax rate will take effect on1October 65438+20 18. According to the provisions of the new tax law, from 20 1 810/0 month1to 201812 February 3 1, the income from taxpayers' wages and salaries is subject to the individual income tax rate.
Income from wages and salaries refers to wages, salaries, bonuses, year-end salary increase, labor dividends, allowances, subsidies and other income related to employment.
Extended data:
Individual tax calculation method
Taxable income = monthly income -5000 yuan (threshold)-special deduction (three insurances and one gold, etc. )-special additional deduction-other deductions determined according to law.
On August 3rd, 20654381,the Fifth Session of the 13th the NPC Standing Committee adopted the Decision on Amending the Individual Income Tax Law.
The threshold is set at 5000 yuan per month. The new tax law stipulates that the comprehensive income of individual residents, after deducting expenses of 60 thousand yuan from their income in each tax year, plus the balance after special deduction, special additional deduction and other deductions determined according to law, is taxable income.
Tax cuts are tilted towards middle and low income. According to the new tax law, after this revision, the tax rate grades of individual tax will be further optimized and adjusted, and the grades of 3%, 10% and 20% of low tax rate will be expanded, while the grades of 25%, 30%, 35% and 45% of high tax rate will remain unchanged.
Many expenses are tax-free. In the future, when calculating individual tax, in addition to the basic deduction standard and special deductions such as "three insurances and one gold", special additional deductions are added. The new tax law stipulates: special additional deductions, including children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, supporting the elderly and other expenses, the specific scope, standards and implementation steps shall be determined by the State Council and reported to the National People's Congress Standing Committee (NPCSC) for the record.
Baidu encyclopedia-personal income tax