If your social security base in Lishui, Zhejiang is 21,200 yuan, the tax calculation is as follows:
- Determine taxable income:
- First, calculate social security deductions. In Lishui, the contribution rates for different social security items are as follows:
- 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%, and the deduction amount is yuan.×2%=
- Unemployment insurance: The individual contribution rate is 0.5%, and the deduction amount is yuan.×0.5%=
- Work - related injury insurance and maternity insurance: These are fully borne by the unit, so the individual deduction is 0 yuan.
- The total social security deduction is yuan.++=
- According to the personal income tax law, the monthly income threshold for tax - free is 5000 yuan.
- The taxable income yuan.=−−=
- Calculate personal income tax:
- According to the personal income tax rate table, for taxable income within the range of 12000 - 25000 yuan, the applicable tax rate is 20%, and the quick - deduction amount is 1410 yuan.
- The personal income tax payable yuan.=×20%−=2794.8−=1384.8
In summary, if your social security base in Lishui, Zhejiang is 21,200 yuan, the personal income tax payable is approximately 1384.8 yuan. It should be noted that the actual situation may vary slightly depending on local policies and individual special additional deductions.
