Calculation method of Suzhou individual tax in 2022

There are two tax methods for the annual one-time bonus of individual residents. The first one: the choice is calculated according to the preferential tax policy of one-time bonus for the whole year. Taxable amount = annual one-time bonus income × applicable tax rate-quick deduction; The second type: choose to be incorporated into the annual comprehensive income calculation. Taxable amount = (comprehensive income-deduction of expenses-special deduction-special additional deduction-other deductions determined according to law, etc. ) × applicable tax rate-quick deduction.

Second, analyze the details

Personal income tax is the general name of legal norms to adjust the social relationship between tax authorities and natural persons in the process of personal income tax collection and management.

3. Exemption from personal income tax.

1. Bonuses in science, education, technology, culture, health, sports, environmental protection, etc. Awarded by the provincial people's government, ministries and commissions of the State Council, units above the military level of the People's Liberation Army of China and foreign and international organizations;

2. Interest on treasury bonds and financial bonds issued by the state;

3, subsidies and allowances issued in accordance with the unified provisions of the state;

4. Welfare fees, pensions and relief funds;

5. Insurance compensation;

6, demobilized soldiers, demobilization fees, pensions;

7. Resettlement fees, resignation fees, basic pensions or retirement fees, retirement fees and retirement living allowances issued to cadres and workers in accordance with the unified provisions of the state;

8. Income from diplomatic representatives, consular officials and other personnel of embassies and consulates in China who should be exempted from tax according to relevant laws;

9. Income exempted from tax in international conventions and agreements signed by the Government of China.