First, how to pay personal income tax on wages
1. The wage and salary income tax of the employees of our company shall be withheld and remitted. Before an employee receives his salary, his employer will go to the local taxation bureau to go through the formalities of withholding and remitting, and pay the tax before paying the salary to the employee. The company's financial staff will calculate the tax to be paid according to everyone's salary, and then pay the salary.
At present, the threshold of personal income tax in China is 5000 yuan per month. If citizens earn more than 5000 yuan a month, they need to pay taxes consciously. If you don't reach the threshold, you don't need to pay taxes. Different wages have different tax rates. The higher the income, the more taxes to be paid and the higher the applicable tax rate. Those with lower incomes need to pay less taxes.
Second, personal income tax.
Personal income tax is a tax levied on individual residents, mainly on those who are residents or non-residents in China but have business income in China. Paying taxes according to law is the obligation of China citizens, and paying taxes is compulsory and free. If the monthly income reaches the national tax threshold, you need to declare and pay taxes consciously.
1. The withholding agent of individual income tax is the tax bureau, usually the local tax bureau. Taxpayers include both resident taxpayers and non-resident taxpayer. Resident taxpayers refer to China residents who are fully obligated to pay taxes. The scope of tax payment includes not only income in China, but also income from abroad.
2. If you are a non-resident taxpayer, you only need to pay personal income tax for your income in China, and you don't need to pay personal income tax for your income abroad.
3. Personal income tax is a relatively large tax, accounting for a relatively large proportion of national fiscal revenue, so it has a relatively large impact on the economy. In some countries, a large part of fiscal revenue depends on taxes. Therefore, it is the duty of every citizen to pay taxes consciously.
Generally, the payroll tax is paid by the unit together, deducted by the unit before the salary is paid and paid to the tax bureau. According to the provisions of various national tax laws, collective or individual income pays part of the income to the state according to a certain proportion.
The tax payment procedure is as follows:
1. After obtaining the business license, the taxpayer shall apply to the competent tax authorities for tax registration in accordance with the regulations, and the tax authorities shall issue tax registration certificates.
2, taxpayers for tax registration, should determine the competent tax leaders, competent accountants, competent tax personnel.
3. Taxpayers purchase and use invoices in accordance with the provisions of the invoice management system, and establish an internal invoice management system.
4. Taxpayers shall truthfully declare and pay taxes to the competent tax authorities on schedule, and submit relevant statements and materials as required.
Taxpayers should pay the tax payable to the state treasury on schedule within the prescribed time limit.
6, taxpayers in accordance with the requirements of the tax authorities, tax self-examination, and have the obligation to accept regular or irregular inspection by the tax authorities.
Legal basis:
Individual Income Tax Law of the People's Republic of China
Article 9 Individual income tax shall be paid by taxpayers, and the units or individuals who pay the income shall be withholding agents. If the taxpayer has a China citizenship number, the China citizenship number shall be the taxpayer identification number; If a taxpayer does not have a China citizenship number, the tax authorities shall issue a taxpayer identification number. When a withholding agent withholds tax, the taxpayer shall provide the withholding agent with the taxpayer identification number.
Individual Income Tax Law of the People's Republic of China
Article 2 Individual income tax shall be paid on the income of the following individuals:
(1) Income from wages and salaries;
(2) Income from remuneration for labor services;
(3) Income from remuneration;
(4) Income from royalties;
(5) Operating income;
(6) Income from interest, dividends and bonuses;
(7) Income from property lease;
(8) Income from property transfer;
(9) Accidental income.
Individual residents who obtain income from items 1 to 4 of the preceding paragraph (hereinafter referred to as comprehensive income) shall calculate individual income tax according to the tax year; Non-resident individuals who obtain income from items 1 to 4 of the preceding paragraph shall calculate individual income tax on a monthly or itemized basis. Taxpayers who obtain income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this law.
Article 3 The tax rate of individual income tax:
(1) For comprehensive income, the excess progressive tax rate of 3% to 45% is applicable (the tax rate table is attached);
(2) For operating income, the excess progressive tax rate of 5% to 35% shall apply (the tax rate table is attached);
(3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to the proportional tax rate of 20%.