Annual Bonus Is Tax Included? 99% Of This Question Is Very Vague.

Getting a one-year bonus is a great pleasure for employees.

The annual bonus issued by an enterprise is divided into two categories: Tax and non tax. The biggest difference is whether the bonus issued by the enterprise is whether the number should be issued or the actual number is paid. The former pays the personal income tax by the employees while the latter pays the personal income tax for the employees.

Individual income tax is different in different ways of payment.

Comparison of two calculation methods

Annual one-off tax bonus calculation method:

(1) when the personal salary is higher than 3500 yuan per month, the annual income tax on one-off bonus is equal to that of the employee in the month.

(annual one-time bonus 12) as a "taxable income" to find a tax rate.

(two) when the wages and salaries of individuals are less than 3500 yuan per month, the annual income tax on one-off bonus is (= the monthly bonus paid by employees for the whole month), the difference between the wages and salaries of employees and the deduction of expenses.

[year-end award - (3500- monthly salary)] 12.

For example, Mr. Zhang earned a salary of 4000 yuan in January 2016, and at the same time, he got 30000 yuan in a one-year tax inclusive. In January 2016, Mr. Zhang should pay his personal income tax as follows:

The wages and salaries of that month should be paid by personal income tax = (4000-3500) x 3%=15 yuan.

The annual income tax should be paid as follows:

30000 yuan 12=2500, the applicable tax rate is 10%, and the quick deduction is 105.

All year round bonus personal income tax =30000 * 10%-105=2895 yuan.

The total personal income tax should be 2895+15=2910 yuan.

Annual one-off tax calculation method:

(1) the calculation method of personal income tax when personal income is higher than or equal to 3500 yuan per month.

Step one: find applicable tax rates and quick deductions.

According to the total annual one-time bonus income without tax, divided into 12 quotient, find the corresponding applicable tax rate A and quick deduction A.

The second step: conversion of tax free income to tax inclusive income.

Annual one-time bonus income with tax = = (excluding tax annual one-time bonus income - quick deduction A) (1- applicable tax rate A)

The third step is to calculate personal income tax payable.

According to the total annual one-time bonus income with tax divided by 12 quotient, re find the applicable tax rate B and the quick deduction B.

Taxable amount = annual one-time bonus income including tax applicable tax rate - quick deduction B.

(2) if the taxpayer obtains the monthly salary and salary less than 3500 yuan in the same month, the bonus should be deducted from the one-year bonus without tax and the difference between the wages and salaries of the month and the 3500 yuan.

For example, Mr. Li received a salary of 4000 yuan in January 2016, and at the same time, he got 30000 yuan a year without a tax bonus. Mr. Lee should pay his personal income tax in January 2016 as follows:

The wages and salaries of that month should be paid by personal income tax = (4000-3500) x 3%=15 yuan.

30000 yuan 12=2500, the applicable tax rate is 10%, the quick deduction is 105.

Annual one-time bonus income with tax = (30000-105) yuan (1-10%) =33216.67 yuan

33216.67 yuan 12=2768.06, the applicable tax rate is 10%, the quick deduction is 105.

All year round bonus personal income tax =33216.67 * 10%-105=3216.67 yuan.

The total personal income tax should be 3216.67+15=3231.67 yuan.

As can be seen above, it is also a one-time bonus of 30000 yuan for the whole year, and the individual income tax, which does not contain tax and tax, is not consistent with the individual income tax.

Points for attention

(1) taxpayers receive annual one-year bonus and pay tax separately as a monthly salary and salary.

For each taxpayer, the taxable method is allowed to be adopted only once in a tax year.

(two) the taxpayer obtains all kinds of other names except the annual bonus, such as half a year award, quarterly award, overtime award, advanced award, attendance award, etc., all of which are merged with the wages and Salaries Income of that month, and pay personal income tax according to the tax law.

(three) since the statutory tax payers of personal income tax are individuals, the personal income tax paid by the employees can not be deducted before tax. When the annual settlement is paid, the enterprise should pay tax adjustment and increase the taxable income.

For more information, please pay attention to the world clothing shoes and hats net report.