Income from wages and salaries refers to wages, salaries, bonuses, year-end salary increase, labor dividends, allowances, subsidies and other income related to employment. That is to say, as long as the income obtained by an individual is related to his position and employment, regardless of the capital expenditure channel of his unit or in the form of cash, physical objects and securities. , are the tax targets of wages and salaries.

Current method

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

The deduction standard is 3,500 yuan/month (officially implemented since September 1965, 438+065,438+0,654,38+0) (applicable to wages and salaries).

bonus

Notice of State Taxation Administration of The People's Republic of China Municipality on Adjusting the Method of Individual Income Tax on Individual Obtaining Annual One-time Bonus.

The one-time bonus received by taxpayers throughout the year shall be taxed as one month's wages and salaries respectively, and shall be withheld and remitted by withholding agents in accordance with the following taxation methods when paying:

(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 issued, the employee's wage income in that month is lower than the expense deduction stipulated in the tax law, the applicable tax rate and quick deduction of the annual one-time bonus shall be determined according to the above method.

(2) Tax the annual one-time bonus obtained by individual employees in the current month according to the applicable tax rate and quick deduction determined in Item (1) of this article,

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 = employee's 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 = (employees get a one-time bonus in the current month-the difference between employees' salary income and expense deduction in the current month) × applicable tax rate-quick deduction.