1. The year-end bonus tax calculation method obtained before 20021year1February 3 1
1, if it is not included in the comprehensive income of the current year, the applicable tax rate and quick deduction shall be determined according to the monthly comprehensive income tax rate table attached, and the tax shall be calculated separately by dividing the annual one-time bonus income by 12 months.
The calculation formula is: tax payable = annual one-time bonus income × applicable tax rate-quick deduction.
2, the annual one-time bonus can choose to be incorporated into the comprehensive income of the year to calculate tax.
II. Tax calculation method for year-end bonus obtained from 1 month 1 day in 2022: Individual residents who obtain one-off bonus for the whole year shall be incorporated into the comprehensive income of the current year to calculate and pay individual income tax.
At the end of 20 18, the Ministry of finance and the state administration of taxation jointly issued the notice on the connection of preferential policies after the revision of the individual income tax law (hereinafter referred to as the notice), in which a number of preferential tax policies, such as one-time bonus for the whole year, were clarified.
The Notice clarifies that individual residents who receive a one-time bonus for the whole year will not be incorporated into the comprehensive income of the current year before 20021year1February 3 1, and will be taxed separately according to the calculation method of taxable amount = annual one-time bonus income × applicable tax rate-quick deduction. At the same time, you can also choose to calculate the tax according to the calculation method of tax payable = (annual income-deduction of expenses-additional deduction-special additional deduction-other deduction) × tax rate-quick deduction, and incorporate it into the comprehensive income of the current year. Taxpayers can choose their own tax calculation methods according to their own conditions.
According to the Notice, starting from 2022 1 month 1 day, individual residents who get a one-time bonus for the whole year should be incorporated into the comprehensive income of that year to calculate and pay personal income tax, and the separate taxation method will no longer be implemented.