In Anhui Wuhu, if the social security base is 16,500 yuan, the tax deduction calculation is as follows:
- Social Security Deduction:
- Pension Insurance: The individual contribution rate is 8% of the base. So for a base of 16,500 yuan, the monthly pension insurance deduction is yuan.×8%=
- Medical Insurance: The individual contribution rate is 2%. Thus, the monthly medical insurance deduction is yuan.×2%=
- Unemployment Insurance: The individual contribution rate is 0.5%. So the monthly unemployment insurance deduction is yuan.×0.5%=82.5
- Work - related Injury Insurance and Maternity Insurance: These are borne by the unit, and there is no individual deduction.
- The total monthly social security deduction for individuals is yuan.++82.5=1732.5
- Personal Income Tax Deduction:
- 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, with a monthly income of 16,500 yuan and a social security deduction of 1732.5 yuan, the taxable income is yuan.−−1732.5=9767.5
- Then, according to the individual income tax rate table, for a taxable income of 9767.5 yuan, the applicable tax rate is 10%, and the quick - calculation deduction is 210 yuan.
- The calculated personal income tax is yuan.9767.5×10%−=766.75
In summary, when the social security base in Wuhu, Anhui is 16,500 yuan, after calculating social security deductions and personal income tax, the specific amounts of deductions can be obtained as calculated above. It should be noted that if there are special additional deductions or other deductions in actual situations, the calculation results will change accordingly.
