In Jiangsu Huai'an, if the social security base is 7,100 yuan, the amount of tax deducted needs to be calculated based on specific tax calculation methods. Here's a breakdown:
- Social Security Deduction:
- Pension Insurance: Generally, the individual payment ratio is 8%. So, the monthly pension insurance deduction is yuan.×8%=
- Medical Insurance: Usually, the individual payment ratio is 2%. The monthly medical insurance deduction is yuan.×2%=
- Unemployment Insurance: The individual payment ratio is generally 0.5%. So, the monthly unemployment insurance deduction is yuan.×0.5%=35.5
- Total Social Security Deduction: The sum of the above three items is yuan.++35.5=745.5
- Calculation of Taxable Income:
- The formula for calculating taxable income is: Taxable income = Monthly income - 5000 yuan (tax threshold) - Special deductions (such as social security) - Special additional deductions - Other deductions determined by law.
- Assuming there are no special additional deductions and other deductions, and taking the social security deduction of 745.5 yuan calculated above, the taxable income is yuan.−−745.5=1354.5
- Calculation of Personal Income Tax:
- According to the individual income tax rate table, for taxable income not exceeding 3,000 yuan, the tax rate is 3% and the quick deduction is 0.
- So, the personal income tax to be paid is yuan.1354.5×3%−=40.635≈40.64
In summary, if the social security base in Huai'an, Jiangsu is 7,100 yuan, under the assumption of no special additional deductions and other deductions, the approximate personal income tax deducted is 40.64 yuan. It should be noted that if there are special additional deductions and other legal deductions in actual situations, the calculation results will be adjusted accordingly.
