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How Can Individuals Use Tax Breaks To Avoid Tax?

2016/5/5 22:58:00 34

IndividualsSub DeclarationTax Avoidance

  

Individual income tax

The seven items of income obtained from taxpayers, such as remuneration for remuneration, royalties, royalties, interest, dividends, dividends, income from lease of property, incidental income and other income, shall be clearly calculated.

As the deduction cost is based on the size of each taxable income, two standards of quota and fixed rate are respectively specified.

Grading

It becomes very important.

The remuneration for only one time income is obtained once.

For example, a client entrustment is engaged in design and installation, and the income gained after completion is once.

Where the remuneration for a continuous service is obtained from the same matter, the income earned within one month shall be once.

The income obtained from the reversion of the same work shall be regarded as an individual income tax on the income of another remuneration.

The same work is first published in the newspapers and then published, or first published and then published in newspapers and periodicals, it should be regarded as the two payment of remuneration.

That is, serial as a publication as another.

Income from lease of property is earned within one month.

Case.

A person who provides the same labor service for a unit over a period of time, or in one quarter, or half a year, or once a year, pays the person services.

remuneration

Although the remuneration paid in this way is achieved once, it can not be declared to pay personal income tax at the same time.

Cheer for you

It is assumed that the unit will pay a fee of $60 thousand a year to the person at the end of the year.

If the person claims to pay taxes at one time, the taxable income shall be as follows:

Taxable income =60000-60000 * 20%=48000 (yuan)

Once the income of the service remuneration is too high, the tax payable should be increased by 50%. The tax payable is as follows:

The tax payable is =48000 x 20% x (1+50%) =14400 (yuan).

If the person applies for a monthly tax on the average income of 5000 yuan per month, the monthly tax payable and the annual tax payable are as follows:

Monthly tax payable = (5000-5000 x 20%) x 20%=800 (yuan)

Annual tax payable =800 * 12=9600 (yuan)

14400-9600=4800 (yuan)

In this way, the person can avoid tax by 4800 yuan per month.


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