The year-end bonus preferential policy can be used for another three years to December 31, 2021. The state has made clear how much the annual bonus individual tax should be paid. Year end bonus individual income tax preferential new policy! How much can I reduce the annual bonus tax? Xiaobian has calculated the account for you. Let's see what the authority says first.
On the evening of December 27, the Ministry of Finance issued the notice on the connection of preferential policies after the amendment of the individual income tax law, stating that the annual lump sum bonus obtained by individual residents will not be incorporated into the comprehensive income of the year before December 31, 2021, but the applicable tax rate and the quick calculation deduction will be determined according to the monthly tax rate table with the annual lump sum bonus income divided by the amount obtained in 12 months , tax is calculated separately.
What do you mean by that? The annual one-off bonus is what we usually call the year-end bonus. People with few year-end bonus may feel that the income is dispensable, but for some industries, the year-end bonus may be higher than the annual salary.
Here comes what you care about most! How to calculate the annual bonus tax?
The calculation formula is: taxable amount = annual one-time bonus income & times; applicable tax rate - quick calculation deduction
The biggest factor that affects your year-end bonus income is actually the tax rate.
In short, these people benefit the most:
For the people whose year-end bonus is between 18000 yuan and 36000 yuan, between 54000 yuan and 108000 yuan, and between 108000 yuan and 144000 yuan, the tax rates are adjusted from 10% to 3%, 20% to 10%, and 25% to 10%, respectively. The decrease is as high as 70%, 50% and 60% respectively!
These people benefit relatively little
The tax rate of the people whose year-end bonus is between 36000 yuan and 54000 yuan has not changed, but the quick calculation deduction has been reduced by 105 yuan.
For those with year-end bonus between 144000 yuan and 300000 yuan, the tax rate has been adjusted from 25% to 20%, with a slight decrease.
People whose year-end bonus is lower than 18000 yuan and higher than 300000 yuan are basically unaffected, but at most, the amount of quick calculation deduction is slightly reduced.
Can't understand? Well, we've got four people to show up. These four people are young employee Xiao Wang, old employee Lao Li and big Liu, and department manager Lao ma.
Wang, a young employee, is the happiest. The same is the year-end bonus of 20000 yuan. Last year, 1895 yuan of tax was paid. According to the new rules of individual income tax, only 600 yuan of tax was paid this year, 1295 yuan less! Xiao Wang decided to take his girlfriend to a big dinner to celebrate.
The specific algorithm is as follows:
Individual income tax at the end of this year:
20000 & divide; 12 & asymp; 1666.67 yuan, applicable to the part of the current tax rate table that does not exceed 3000 yuan, according to the 3% tax rate, Xiaowang's year-end bonus should pay 20000 & times; 3% - 0 = 600 yuan.
Last year's annual bonus tax:
20000 & divide; 12 & asymp; 1666.67 yuan, applicable to the tax rate table 'the part exceeding 1500 yuan to 4500 yuan', according to the 10% tax rate, Xiaowang's year-end bonus should pay 20000 & times; 10% - 105 = 1895 yuan last year.
Old ma, the Department Manager, is also secretly having fun. It's also a year-end bonus of 100000 yuan. Last year, 19445 yuan of tax should be paid. This year, only 9790 yuan of tax should be paid and 9655 yuan of tax should be reduced! Amazing! It's about half the time.
Although the tax cut is not as big as Xiao Wang's, the old horse's base number is high. It can save nearly ten thousand yuan. It's all real gold and silver. The old horse decided to take a family trip during the festival.
The specific algorithm is as follows:
Individual income tax at the end of this year:
100000 & divide; 12 & asymp; 8333.33 yuan, applicable to the current tax rate table of 'the part exceeding 3000 yuan to 12000 yuan', according to the 10% tax rate, Lao Ma's year-end bonus should pay 100000 & times; 10% - 210 = 9790 yuan.
Last year's annual bonus tax:
100000 & divide; 12 & asymp; 8333.33 yuan, applicable tax rate table 'the part exceeding 4500 yuan to 9000 yuan', according to 20% tax rate, the year-end bonus of Lao Ma last year should pay 100000 & times; 20% - 555 = 19445 yuan.
But there is a strange difference between the two old employees, Lao Li and Liu.
Lao Li is a little depressed. Ming's year-end bonus is less than mine, but why can't he get more money than Liu? Lao Li was a little unconvinced. He asked Xiao Hong, the accountant, to find out that it was because he had collected three or five more fights.
Liu's year-end bonus is 35000 yuan.
Last year's annual bonus tax:
35000 & divide; 12 & asymp; 2916.67 yuan, applicable to the tax rate table 'the part exceeding 1500 yuan to 4500 yuan', according to the 10% tax rate, 35000 & times; 10% - 105 = 3395 yuan shall be paid.
Individual income tax at the end of this year:
35000 & divide; 12 & asymp; 2916.67 yuan, applicable to the current tax rate table of "the part not exceeding 3000 yuan", according to the 3% tax rate, the year-end bonus of Daliu should pay 35000 & times; 3% - 0 = 1050 yuan.
According to the new personal tax regulations, Daliu reduced 3395-1050 = 2345 yuan. Like Xiao Wang, it's 30% off!
After deducting individual taxes, Liu's hand is 35000-1050 = 33950 yuan.
Lao Li's year-end bonus is 36012 yuan.
This year's year-end bonus personal tax: 360012 & divide; 12 = 3001 yuan, applicable to the current tax rate table, the tax rate of the "part exceeding 3000 yuan to 12000 yuan" is the same as that of last year's "part exceeding 1500 yuan to 4500 yuan", which is 10%. Lao Li's year-end bonus should pay 36012 & times; 10% - 210 = 3391.2 yuan.
The difference is just the change of the quick calculation deduction. The quick deduction last year was 105 yuan, and this year it is 210 yuan. Lao Li paid less tax this year 210-105 = 105 yuan.
After deducting individual taxes, Lao Li's hand was 36012-3391.2 = 32620.8 yuan, but 1329.2 yuan less than that of Da Liu. (33950-32620.8 = 1329.2 yuan)
But don't let Lao Li down. With the introduction of more tax reduction and fee reduction policies, more and more tax red envelopes will come, and people's pockets will be more and more bulging.