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When is the 2017 year-end bonus issued? What is the calculation method of 2017 year-end bonus

When is the 2017 year-end bonus issued? What is the calculation method of 2017 year-end bonus

4hw.org: 2017 is coming to an end soon. A lot of kids start to make small calculations in their hearts. They plan how many year-end awards there are from a year to a year of hard work. However, many friends don't know when the year-end awards will be issued. Do you know how to calculate the year-end Awards? Let's take a look at it together!

When is the year-end bonus usually issued

1. The year-end bonus is usually paid between the end of December and the beginning of January.

2. The editor learned from the human resources and social security department that, considering the traditional habits, most enterprises will issue year-end bonus to employees at the end of the year. As a general rule, it should be distributed before this year, otherwise, it's called year-end bonus. The reason is very simple. The annual pass is near. Double pay, year-end bonus and dividend are one of the reasons why many people are looking forward to the new year. It's great to get the year-end bonus. So most of the enterprises that pay the year-end bonus will pay at this time.

First of all, when it comes to the year-end bonus, as employees, we are more or less excited. After all, it's not a small income for us. But as for the year-end bonus, our country does not have any laws and regulations to explain that enterprises must pay it. The year-end bonus issued by the enterprise is an affirmation of our employees' hard work for one year, and also an incentive for us. But let me explain to you that the state has no special regulations on year-end bonus. The year-end bonus is generally an incentive measure for enterprises according to the company's profits and employees' personal performance. If there is an agreement between the two parties, it shall follow the agreement; if there is no special agreement, the company may not issue it. But most companies offer year-end bonuses to encourage employees.

Third, the annual pass is near. Double pay, year-end bonus and bonus are one of the reasons why many people are looking forward to the new year. Of course, everyone is happy to get the year-end bonus, but some employees can't get the year-end bonus because they have left or changed jobs when paying the year-end bonus, and some companies postpone paying the year-end bonus in order to retain employees. So are the practices of these companies reasonable? How should employees safeguard their legitimate rights and interests? Legal experts pointed out that although it is impossible to find direct legal provisions on 'illegal postponement of the year-end bonus', as long as the company violates its commitments, unit rules and regulations and other documents, it is definitely illegal to postpone the year-end bonus. In addition, as long as the employees who are not listed or resigned have paid for the unit in this year, the employer shall pay the year-end bonus according to their working hours.

Fourth, if you plan to leave your job, can you still get the year-end bonus this year? The law does not make a mandatory provision for enterprises to issue year-end bonus. The year-end bonus is generally not reflected in the labor contract, and is paid according to the agreed custom. If some enterprises really list the time and amount of year-end bonus in words and contracts, and they fail to realize it, these enterprises are in breach of contract at most, but they are not illegal. However, it is illegal to delay the payment of performance pay due at the end of the year.

How to calculate the year-end bonus:

According to the past practice, the company's year-end bonus is generally double pay, that is, an extra month's salary, but in state-owned enterprises and individual large companies should be more than this price. It is calculated by the company's income and expenditure.

When will the year-end bonus be issued: usually before the Lunar New Year holiday.

Two tax methods of year-end bonus

According to the current individual income tax policy, a taxpayer who obtains a one-time bonus for the whole year shall pay tax separately as one month's wage and salary income. There are two types of tax calculation methods:

If, in the month of year-end bonus payment, the employee's salary income in that month is higher than or equal to the deduction amount of expenses stipulated in the tax law, i.e. 3500 yuan, the applicable formula is: taxable amount = one-time bonus obtained in that month & times; applicable tax rate - quick calculation deduction amount

When the salary income of the current month is less than 3500 yuan, the applicable formula is: taxable amount = [annual one-time bonus obtained in the current month - (salary of the current month - 3500)] & times; applicable tax rate - quick calculation deduction

One yuan more may be less than one thousand yuan

As different tax rates correspond to different taxable income of the whole month, it is likely that the year-end bonus will be issued more often than not.

For example, the monthly salary of a and B is more than 3500 yuan, the year-end bonus of a is 18000 yuan, and the year-end bonus of B is 18001 yuan. The calculation method of the individual income tax payable by Party A is: 18000 & pide; 12 = 1500 yuan; the corresponding tax rate and quick calculation deduction are: 3%, 0; the tax payable of Party A is 18000 & times; 3% - 0 = 540 yuan; the after tax income is 17460 yuan.

The calculation method of individual income tax payable by Party B is: 18001 & pide; 12 & gt; 1500 yuan, the corresponding tax rate and quick calculation deduction amount are: 10%, 105 yuan, the tax payable of Party B = 18001 & times; 10% - 105 = 1695.1 yuan, and the after tax income is 16305.9 yuan. In this way, B is 1000 yuan less than a.