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The First Tax Reform Will Be Launched Next Year.

2010/12/14 15:59:00 44

Individual Tax Reform Tax Rate Reduction

   Individual income tax At the earliest, the 9 tax rate will be reduced to 6 to 7 next year. Tax burden Next year is expected to ease.


The reform of personal income tax will be launched early next year, and the tax burden of the middle and lower income groups will be reduced.


It is reported that the tax reform did not raise the threshold as a breakthrough, but chose to equate to the reduction. tax rate The tax cuts are more obvious.


It is understood that, in view of the urgent need to lighten the tax burden on low-income people, the Ministry of Finance and the State Administration of taxation have formulated a short-term plan for personal income tax. The plan will be launched at the right time in 2011.


At present, China's personal income tax is a progressive tax rate of 9 grades. What we need to do next year is to "reduce the grade and adjust the grade distance". It is reported that the tax reform program will reduce the 9 tax rate to 6 to 7 levels, while appropriately expanding the distance.


At present, the first level is 500 yuan, that is, the income after deducting 2000 yuan from the wage income, corresponding to the 5% tax rate; second grade 2000 yuan, 10% tax rate; and so on, 5000 and 20000 yuan, the tax rates are 15% and 20% respectively.


After the reform, the first level is expected to be adjusted to 2000 yuan, corresponding to the 5% tax rate. "The next level can reach 20 thousand yuan, which applies 10% of the tax rate, which is half the tax rate. Most of the middle and low income groups are concentrated at the lowest or two tax rates." A local tax official advices.


This morning, Yang Zhiyong, director of the Financial Research Office of the finance and Trade Institute of the Chinese Academy of Social Sciences, told the late reporter that in the next step of reform, the total personal income tax will be reduced. The current 9 level tax rate will also be reduced. This is the direction of individual tax reform.


But Yang Zhiyong said at the same time that the specific tax can be reduced, the tax rate reduced to several levels, is still "unknown."


Settle accounts


  
A monthly income of 3800 yuan after tax reform, pay less than 155 yuan.

If a person deducts a salary of 3800 yuan from three risks and one gold, the personal income tax shall be: (3800 - 2000) x 10% - 25=155 (yuan), according to the current 9 level progressive income tax table of personal income tax.


If the "first level is expected to be adjusted to 2000 yuan, corresponding to 5% of the tax rate" calculated after the reform, the person should receive a personal income tax of 0, which is saved by 155 yuan compared to the current personal tax system.


A monthly income of 6800 yuan after tax reform, pay less than 355 yuan.


If a person's wage income is 6800 yuan, he should be entitled to personal income tax: (6800 - 2000) x 15% - 125=595 (yuan).


If the tax rate is calculated according to the rate of reform, the personal income tax should be (6800 - 2000) x 5%=240 yuan, which is reduced by 355 yuan compared with the current individual tax collection standard.

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