The threshold is determined to be 5,000 yuan per month. The new personal income tax law stipulates that the comprehensive income of a resident individual shall be the taxable income based on the balance of the income in each tax year minus expenses of 60,000 yuan, special deductions, special additional deductions and other deductions determined in accordance with the law. The latest threshold and tax rate will be implemented on October 1, 2018, and will be effective on January 1, 2019.

The scope of various personal incomes stipulated in the Personal Income Tax Law:

(1) Wage and salary income refers to the wages, salaries, bonuses, Year-end salary increases, labor dividends, allowances, subsidies and other income related to office or employment.

(2) Income from labor remuneration refers to the income obtained by individuals engaged in labor services, including design, decoration, installation, drawing, laboratory testing, medical treatment, law, accounting, consulting, lecturing, translation, review, etc. Income from manuscripts, calligraphy and painting, engraving, film and television, audio and video recording, performances, performances, advertising, exhibitions, technical services, introduction services, brokerage services, agency services and other services.

(3) Income from author remuneration refers to the income an individual obtains from the publication or publication of his or her works in the form of books, newspapers, periodicals, etc.

(4) Income from royalties refers to the income obtained by individuals from providing the right to use patent rights, trademark rights, copyrights, non-patented technologies and other franchises; the income obtained from providing the right to use copyrights , excluding royalties.

(5) Business income refers to

1. The income obtained by individual industrial and commercial households from engaging in production and business activities. Investors in sole proprietorships and individual partners in partnerships come from Income from production and operations of domestically registered sole proprietorships and partnerships;

2. Income obtained by individuals from running schools, medical treatment, consulting and other paid service activities in accordance with the law;

3. Income obtained by individuals from contracting operations, leasing operations, subcontracting, and subletting of enterprises and institutions;

4. Income obtained by individuals from other production and business activities.

(6) Interest, dividends, and bonus income refer to interest, dividends, and bonus income obtained from individuals owning debts, equity, etc.

(7) Income from property leasing refers to the income obtained by individuals from leasing real estate, machinery and equipment, vehicles, ships and other properties.

(8) Income from property transfer refers to the income obtained by individuals from the transfer of securities, equity, property shares in partnerships, real estate, machinery and equipment, vehicles and ships, and other properties.

(9) Incidental income refers to an individual’s income from winning a prize, winning a prize, winning a lottery, and other incidental income. If it is difficult to define taxable income items for the income obtained by a person, it shall be determined by the taxation department of the State Council.