First, the year-end bonus is higher than (or equal to) the calculation of expense deduction.
According to the year-end bonus tax law, when an individual receives an annual bonus, if his salary and salary income in the month when he receives the bonus is higher than (or equal to) 2,000 yuan as stipulated in the tax law, the calculation formula is as follows.
Taxable amount = annual bonus received by an individual in the current month × applicable tax rate-quick deduction,
Personal income tax shall be paid for the wages, salary income and annual bonus of the current month respectively.
For example: 1: Li's year-end bonus in 2008 was 12000 yuan, his salary income in that month was 2,400 yuan, and his tax payable was 1 195 yuan.
(1)12000 ÷12 =1000 (yuan), the applicable tax rate is 10%, and the quick calculation is deducted by 25.
(2) The year-end bonus tax payable is12000×10%-25 =1175 yuan.
(3) Taxable amount of wages and salary income in the current month (2400-2000)×5%=200.
(4) Total tax payable in the current month1175 = 20 =1195 yuan (
Two, the calculation of personal wages and salary income in the month when the year-end bonus is lower than the expense deduction.
In the month when the year-end bonus is issued, the income from personal wages and salaries is lower than the expense deduction stipulated in the tax law. The year-end bonus should be the difference after deducting the salary, salary income and expenses of the individual in the current month, and determine the applicable tax rate and quick deduction for the year-end bonus. The calculation formula at this time is as follows
Taxable amount = (year-end bonus for an individual in the current month-the difference between salary, salary income and expense deduction for the individual in the current month) × applicable tax rate-quick deduction.
The taxable income is 3000-(2000- 14000 yuan)
2400÷ 12=200 yuan, the applicable tax rate is 5%, and the quick deduction is 0.
The tax payable is 2400×5%= 120 (yuan).
Third, the year-end bonus divided by 12 is less than 2000, and tax is also required.
In particular, the annual one-time bonus is divided by 12, and less than 2000 yuan is taxed.
Because the taxpayer's expenses are deducted from his salary, the annual bonus deduction is 12, mainly to determine the applicable tax rate and calculate the deduction amount quickly, which cannot be used as a basis for judging whether to pay taxes.
Four, the company's year-end bonus does not include tax to calculate personal income tax.
According to the Official Reply of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Taxpayer's One-time Bonus Income Excluding Tax (Guo [2005] No.715), the personal income tax for the year-end bonus shall be borne by the company. If the personal monthly salary income is higher than (or equal to) the specified expense deduction, the calculation formula of personal income tax is as follows:
(1) According to the quotient of annual bonus income excluding tax divided by 12, the applicable tax rate A and quick deduction A are calculated.
(2) Annual one-time bonus income including tax = (one-time deduction amount of annual one-time bonus income excluding tax a÷( 1- applicable tax rate A).
(3) According to the quotient of annual bonus income including tax divided by 12, re-investigate the applicable tax rate B and quick deduction B..
(4) Taxable amount = annual bonus income including tax × quick deduction of applicable tax rate B. 。
Suppose a company gives each employee an annual bonus excluding tax of 10825 yuan, and the personal income tax paid by the company is 1 175 yuan. The calculation process is as follows:
According to the quotient of the annual one-time bonus income excluding tax divided by 12, the applicable tax rate A and the quick deduction A are calculated.
10825÷ 12=902.08 yuan, the applicable tax rate is 10%, and the quick deduction is 25.
Calculate the deduction according to the tax rate and speed determined in the first step, and convert the year-end bonus excluding tax into the year-end bonus including tax, that is, the year-end bonus income including tax = (year-end bonus income excluding tax-speed calculation deduction a)÷( 1- applicable tax rate a).
12000=( 10825-25)÷( 1- 10%)
According to the quotient of year-end bonus income including tax divided by 12, the applicable tax rate B and quick deduction B are calculated again.
12000 ÷12 =1000 yuan, the applicable tax rate is 10%, and the deduction of speedometer is 25.
Calculate the deduction according to the determined tax rate and speed, and calculate the tax payable, which is the tax-included year-end bonus income × applicable tax rate B- speed calculation deduction b.
Taxable amount =12000×10%-25 =1175 yuan.
If the taxpayer's wage income in the current month is less than 2,000 yuan as stipulated in the tax law, the year-end bonus excluding tax shall be deducted from the difference between the wage income in the current month and the expense deduction as stipulated in the tax law, and it shall be handled in the above manner.