China individual income tax (IIT) on wages and salaries?

Question

China individual income tax (IIT) on wages and salaries are charged at 9 progressive rates ranging from 5% to 45%. The schedule contained in the captioned website is valid.
The IIT on income of RMB 70K is not 35% 'flat', but 35% on RMB 66K after 6375 deduction.
The calculation on income of RMB 35,000:
35,000 – 4000 = 31,000 X 25% less 1375 deduction, i.e. 6375; therefore your net income would be 35,000 – 6375 = 28625.
If you take a look again at the schedule of the mainland IIT on the amounts of 'quick calculation deduction' in your mentioned website are calculated (for your quick reference) of the amounts of IIT in the lower brackets of incomes.


Rental reimbursement is considered part of the employee's income and the income in total is subject to individual income tax in the mainland. The tax is charged at the progressive rates of 5% to 45%, briefly as follows:
Monthly Salary Tax Rate Quick Calculation Deduction
RMB5,000 - 20,000 20% RMB375
20,001 - 40,000 25% RMB1,375
40,001 - 60,000 30% RMB3,375
60,001-80,000 35% RMB6,375
80,001-100,000 40% RMB10,375
RMB100,000 + 45% RMB15,375

Answer 1

OK, so what's your QUESTION?