How much is the rise of the tax threshold?

What is a tax? The individual income tax is the individual income tax. As the name suggests, is the personal property income required to pay the cost, including the labor remuneration, year-end bonus, individual industrial and commercial households operating income, royalties, dividends and a series of personal income. The expropriation of the individual tax has a related starting point. So, what is the tax threshold? The following is a detailed introduction to you by the law express.

In 2018 this year has been held in NPC and CPPCC, NPC and CPPCC proposed to protect the livelihood of the people, improve the individual income tax threshold, increase the cost of special children's education, medical and other deductions, reasonable burden, encourage people through labor to increase income, affluence. The starting point of the individual tax will increase, how much to increase, and there is no accurate news at present. So, what is the previous tax threshold? How is the tax charged?

First, the threshold of

1, what is the scope of a tax collection?

A tax included salary income; individual industrial and commercial households from production and operation of enterprises; income from contracted or leased operation income; remuneration; remuneration income; income from royalties; interest, dividends, dividend income; income from lease of property; property transfer income; contingent income; by the financial department of the State Council other income tax is determined.

2. What is the starting point of the individual tax?

What is a tax threshold? It refers to the minimum amount of income that is required to levy personal income tax. If the above limit is exceeded, it is necessary to pay personal income tax. If no amount is changed, it can be exempted.

Our tax threshold has been seven years before has not changed, the tax adjustment after three:

(1) in China in January 2006 will be exempted from tax amount from 800 yuan to 1600 yuan;

(2) 2008 up to 2000 yuan / (3) 2011 up to 3500 yuan / Therefore, the threshold of the current personal tax is 3500 yuan. In 2018, the policy will raise the tax threshold and raise the number of taxes.

Two, tax calculation

Other income in the calculation of

1, the income of labor remuneration, royalties income, royalties, income from lease of property, every income does not exceed 4000 yuan, less the cost of 800 yuan; more than 4000, minus 20% of the fee, the remaining amount of taxable income.

2, the transfer of property, transfer of property to the amount of income after the deduction of the original value of the property and reasonable expenses, for the amount of taxable income.

3. Income from interest, dividends and dividends, by chance and in other income, with each income amount as taxable income.

4, the individual shall deduct the income from the taxable income in accordance with the relevant provisions of the State Council, in accordance with the relevant provisions of the State Council.

Three, special provisions of tax collection: 1, the income of the income of a labor service exceeds the amount of taxable income of 20000 yuan, should be added to the expropriation.

2, part of the labor remuneration shall be paid more than 20000~50000 yuan. According to the provisions of the tax law, the amount of tax payable shall be added to the tax amount by 50%, and the portion that exceeds 50000 yuan will be added to ten yuan.

3, royalties income, shall be taxed at a rate of 20%, and the reduction of 30% by the amount of tax payable.