In Anhui Fuyang, if the social security base is 8,500 yuan, the amount of personal income tax deducted is calculated as follows:
1. Calculate Social Security Deductions
- Pension Insurance: Usually, individuals contribute 8% of their salary. So, for a social security base of 8,500 yuan, the pension insurance deduction is yuan.×8%=
- Medical Insurance: Generally, the contribution rate is around 2%. Thus, the medical insurance deduction is yuan.×2%=
- Unemployment Insurance: The contribution rate is approximately 0.5% (the rate may vary in different regions, here we take 0.5% as an example). So, the unemployment insurance deduction is yuan.×0.5%=42.5
The total social security deductions are
2. Calculate the 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 in accordance with the law.
Assuming there are no special additional deductions and other deductions, the taxable income is
3. Calculate Personal Income Tax
According to the progressive tax rate for individual income tax in China:
- For taxable income not exceeding 3,000 yuan, the tax rate is 3%, and the quick - calculation deduction is 0.
Since the taxable income of 2,607.5 yuan does not exceed 3,000 yuan, the personal income tax payable is
It should be noted that the above calculation is based on general situations. In actual situations, deductions may vary due to different policies and personal circumstances. If there are special additional deductions (such as deductions for children's education, housing loan interest, etc.), the taxable income and the amount of personal income tax payable will be adjusted accordingly.
