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The following article was published in our article directory on March 3, 2011.
Learn more about SpinDistribute Article Distribution System.

Individual Income Tax May Carry Up to 3,000

Article Category: Business

Author Name: xia zihui

(us $495) tax-free is expected to grow from the current 2000 increase to 3000 yuan, 9th level excess progressive tax rate will decrease to 5 levels. If adjustment in the tax rate and differential unchanged, under the precondition of monthly pay 5000 yuan a month for the citizens less pay taxes 150 yuan.

Municipal bureau of officials say, tax reform is always the social focus, China had three times, adjust the cutoff point from 800 yuan moves to now 2000 yuan, 2000 yuan standard have implemented in 4 years. In recent years, with rising prices, the cutoff point reform adjustment problems have been driven to two-decade-long again. "If unified raise to 3,000 yuan, also is the national implementation of the same standard, is unfavorable to fairness. Currently narrow the income gap still is larger, the practice of one size fits all worthy".

According to introducing, individual income tax collection range including salaries income, individual and industrial and commercial door production and business income, contracting leased operation income, income from remuneration for personal services, income from author's remuneration, royalties, interest dividend extra dividend income, lease of property income, the transfer of property income, incidental income and other income 11 project.

"My monthly salary is reality sends 5000 yuan, if the cutoff point adjustable high to 3000 yuan every month, can save much money?" In a foreign company of high-tech wen said. Reporter calculate a bill, if according to current tax rate and differential, lunar income is 5000 yuan of citizens, the cutoff point raise to 3000 yuan per month, and may be less pay taxes 150yuan, saved yearly 1800 yuan.

The cutoff point 2000 yuan: tax = (50-2000) x 15% - 125 = 325 yuan

The cutoff point 3000 yuan: tax = (50-30) x 15% - 125 = 175 yuan

How many tax paid what the zha to calculate

Whole month, tax = taxable income rate - the number of quick calculating deduction x

Whole month, taxable = reality sends salary - 2000

ยท taxable income, the applicable tax rate % quick calculating deduction number

0 | 500, 5%, 0

500 | 2000, 10%, 25 yuan

2000 to $5,000, and 15%, 125 yuan

5000 | 2 million, 20%, 375 yuan

2 million | 4 million, 25%, 1375 yuan

4 million to 6 million, 30%, 3375 yuan

6 million | 8 million, 35%, 6,375 yuan

8 million to 10 million, 40% and 10375 yuan

Above 100,000, 45%, 15375 yuan

Related news

Tax reform will make it more in low-income duty-free

The standing committee of state council discussed and principle of the People's Republic of China by the personal income tax law amendment (draft) ", think it is necessary to modify the individual income tax methods, improve the wages minus expenses standard. This not only lead to social strong concern and more become attended the CPPCC representatives are hot debate topics.

Many representatives are think, as an important adjustment measures, wages and salaries minus expenses standard improve not only will make a lot more people benefit directly, to deliver a important signal: in order to reduce the low-income people burden for important content of tax reform will "in the 1025" during continue to promote, tax on the income distribution adjustment effect will be further improved.

Tax reform about every common interests. The government put the first thing people's livelihood this year for tax reform, seeking lock is overwhelming, but also people is imperative. The CPPCC national committee wong said that China years tax revenue grew faster than GDP growth, and also higher than that of low-income people income growth speed, now has reached from tax burden on the key to working-class. Especially at present, our country's income distribution reform into "deep-water area", of individual income tax reform since the adjustment function also appears more than ever, all urgent.

In the present context, such as the rising prices improve (us $495) tax-free is still abound people the important action. Although the magnitude has not been announced, but having a bit is affirmation, there will be more low-income groups were included in the tax-free scope. Only hide abound working-class people, ensure the income increase, to expand domestic demand, promoting consumption, promote social fairness, economic development will have more power.

About the Author: My name is xia zihui, laserstagelight.com provides Light Show Projector, Laser Light Equipment Manufacturer, Laser Light Projector .

Keywords: Light Show Projector, Laser Light Equipment Manufacturer

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