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What is special additional deduction of individual income tax? How to calculate the new individual i

From January 1, 2019, the special additional deduction items of personal income tax in the new individual tax law will be implemented, and the personal income tax of office workers will be less. So, what is the special additional deduction of individual income tax? How to calculate the new individual income tax in 2019? In short, the following items are the special additional deduction of individual income tax:

(1) Special additional deduction for children's education: a standard fixed deduction of 1000 yuan per month (12000 yuan per year) for each child, mainly including expenses related to preschool education and academic education.

(2) Special additional deduction for continuing education: 4800 yuan per year (400 yuan per month) during the period of academic education.

(3) Special additional deduction for serious illness medical treatment: the part of medical expenses with personal burden exceeding 15000 yuan will be deducted from 5000 yuan / month (60000 yuan / year).

(4) Special additional deduction of housing loan interest / housing rent: 1000 yuan / month or 1200 yuan / month.

(5) Special additional deduction for supporting the elderly: the expenses for supporting parents over 60 years old and other legal supporters will be deducted by 2000 yuan per month.

For example, married Xiao Li (the only child) works in Beijing with a monthly income of 10000 yuan. The special deduction for "three insurances and one fund" is 2000 yuan, and the monthly rent is 4000 yuan. One child goes to primary school, and his parents are in their 60s. Xiao Li can enjoy at least 1500 yuan deduction for housing rent, 1000 yuan deduction for children's education and 2000 yuan deduction for supporting the elderly. Therefore, personal tax = (10000-5000-2000-1500-1000-2000) & times; 3% = 0 yuan.

From the above examples, it can be concluded that under the new tax law, if an office worker with a monthly salary of 10000 meets the conditions of special additional deduction items at the same time, he can be exempted from individual income tax. Even if the wage rises to 11500, there is no need to pay personal tax, which shows that the middle and low-income people can enjoy the tax reduction bonus to the maximum.