First, how is the salary deducted?

The wage deduction standard is 5000 yuan/month (applicable to wage and salary income)

Personal income tax payable = taxable income × applicable tax rate-quick deduction

Taxable income = monthly income after deducting three insurances and one gold-deduction standard

Second, how to calculate the payroll tax?

The calculation formula of payroll tax is:

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

The tax threshold is 5000, and the calculation method of excess progressive tax rate is as follows:

Tax amount = monthly taxable income * tax rate-quick deduction

Actual salary = salary payable-four gold-tax payment

Monthly taxable income = (salary payable-four gold) -3500

Deduction standard: individual tax is calculated according to the threshold standard of 5000 yuan/month.

3. Is it tax-free to pay wages in cash?

According to the company law and related tax laws, whether cash compensation can avoid tax mainly depends on how accountants report accounts and tax returns.

If the salary is paid in cash, and the registered salary exceeds the level of tax paid when the accountant reports the tax, then tax can be avoided;

If the salary is paid in cash and the accountant declares the tax according to the facts, then the part beyond the normal personal income tax shall be taxed according to law, and no tax shall be levied below the level.

Calculation of taxable income according to Article 6 of the Individual Income Tax Law of People's Republic of China (PRC):

(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.

(2) For the income from wages and salaries of non-resident individuals, the taxable income shall be the balance of monthly income after deducting expenses of 5,000 yuan; Income from labor remuneration, royalties and royalties shall be taxed.

(3) For operating income, the taxable income shall be the balance of the total income in each tax year after deducting costs, expenses and losses.

(four) if the income from property leasing does not exceed 4,000 yuan each time, the 800 yuan shall be deducted; If it exceeds 4,000 yuan, 20% of the expenses will be deducted, and the balance will be taxable income.

(5) For the income from property transfer, the taxable income shall be the balance after deducting the original value of the property and reasonable expenses from the income from property transfer.

Interest, dividends, bonus income and accidental income are taxable income.