Issues related to personal income tax deductions
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When calculating personal income tax, does the personal income tax already paid last month need to be added to this month’s salary amount as well for the tax calculation? I searched on Baidu for ages but still didn’t understand it; please give some guidance
I don’t know; the finance department says how much needs to be paid, and we don’t have the right to say no.
No way, why does it seem a bit lenient?
For individual income tax, only the amount of salary that exceeds 3,500 yuan per month serves as the basis for calculation; the taxes paid last month should not be added to this month’s salary when calculating the income tax. Those who work in accounting, please give an authoritative answer.
I don’t understand what you mean by that question. After the taxes are deducted, **it’s taken away; how could last month’s amount still be added to next month’s salary?**
Let’s put it this way: if, after deductions for social insurance and housing funds, the salary was exactly 5000 last month, and 100 yuan in taxes had to be deducted as per regulations, then the actual amount received last month was 4900 yuan. So when paying last month’s individual income tax this month, should it be calculated based on 5000 or 4900? I think it makes sense to use 4900!
Why? I didn’t get the 100 that was deducted, so why do I still have to pay taxes?
Personal income tax = Taxable amount * Applicable tax rate - Quick deduction amount； Tax payable = Total salary – Personal contributions to social insurance – Personal contributions to housing provident fund – Tax exemption amount. The individual income tax paid last month is also included in the tax payable amount, with no deduction