In Zhejiang Ningbo, if the social security base is 15,100 yuan, the tax deduction is calculated as follows:
- Social Security Deduction:
- Pension Insurance: The individual contribution rate is 8%, so the amount deducted for pension insurance is yuan.×8%=
- Medical Insurance: The individual contribution rate is 2%, so the amount deducted for medical insurance is yuan.×2%=
- Unemployment Insurance: The individual contribution rate is 0.5% (assuming the general situation, the rate may vary slightly in different periods), so the amount deducted for unemployment insurance is yuan.×0.5%=75.5
- Total Social Security Deduction: The sum of the above three items is yuan. Workers' compensation insurance and maternity insurance are paid by the unit and do not need to be deducted from individuals.++75.5=1585.5
- Personal Income Tax Calculation:
- First, calculate the taxable income. The formula is: Taxable income = Monthly income - 5000 yuan (tax threshold) - Special deductions (social security, etc.) - Special additional deductions - Other deductions determined in accordance with the law. Assuming there are no special additional deductions and other deductions determined in accordance with the law, the taxable income is yuan.−−1585.5=8514.5
- Then, according to the 7 - level progressive excess tax rate for individual income tax in China:
- The part of the taxable income not exceeding 3000 yuan is taxed at a rate of 3%, and the tax amount for this part is yuan.×3%=
- The part of the taxable income exceeding 3000 yuan to 12000 yuan is taxed at a rate of 10%. The amount of this part is yuan, and the tax amount for this part is 8514.5−=5514.5yuan.5514.5×10%=551.45
- The total personal income tax is yuan.+551.45=641.45
In summary, when the social security base in Ningbo, Zhejiang is 15,100 yuan, the social security deduction is 1585.5 yuan, and the personal income tax is 641.45 yuan (under the assumption of no special additional deductions and other deductions determined in accordance with the law). It should be noted that if there are special additional deductions (such as deductions for children's education, housing loan interest, etc.), the actual tax amount will be adjusted accordingly.
