I believe that every employee of the enterprise has a deep understanding. When we pay the salary every month, we will deduct a large part of the salary, including the five insurances and one fund and the deduction of salary tax. So what is the salary tax standard in 2019? Here, the small editor has sorted out the knowledge of personal income tax for you. Welcome to read it and hope it can help you.
1、 Salary tax standard in 2019
The calculation formula of personal income tax on wages is as follows: taxable amount = (wage and salary income -'Five insurances and one fund '- individual income tax threshold) & times; applicable tax rate - quick calculation deduction
After October 1, 2018, the starting point of individual income tax is 5000, and the calculation method of excess progressive tax rate is as follows:
Tax payment = monthly taxable income * tax rate - quick calculation deduction
Finally, the workers get their wages, that is, the actual wages = wages payable - five insurances and one fund - tax payment.
According to the provisions of the latest individual tax law, since October 1, 2018, China has raised the threshold of personal income tax on wages, from 3500 yuan before to 5000 yuan. From this point of view, as long as the monthly wage exceeds 5000 yuan, then for the excess part, it is necessary to calculate the amount of individual income tax that should be paid according to the latest individual income tax standard.
2、 What is the special additional deduction of individual income tax
The special additional deduction of individual income tax (full name: special additional deduction of individual income tax) refers to the six special additional deductions for children's education, continuing education, serious illness medical treatment, housing loan interest, housing rent and supporting the elderly stipulated in the individual income tax law. It is one of the supporting measures to implement the newly revised individual income tax law.