How To Avoid Tax? Stakeholders Plan Your Personal Tax Expenditure

From 1980, the National People's Congress adopted the People's Republic of China personal income tax law, which is said to be mainly aimed at working in China. The personal income tax law was set at 400 yuan. The personal income income tax law promulgated in 1993 has adjusted and expanded the scope of tax targets and raised the levy point from 400 yuan to 800 yuan. We can see that the reform of the tax system has made a qualitative leap. Therefore, people pay more attention to how to reduce their taxable income legally and reasonably for the new tax law that has been brewing for a long time.

It has become a common understanding to raise the threshold. At present, our personal income tax is classified and collected. It is divided into 11 projects.

These projects include: income from wages and salaries; income from production and operation of individual industrial and commercial households; income from contracting and leasing business of enterprises and institutions; income from remuneration for remuneration for services; income from remuneration; royalties; income from interest, dividends and bonuses; property lease; income from property pfer; incidental income; other income determined by the financial department of the State Council.

At present, personal income is not required to declare, and more than 75% of the domestic personal income tax is realized by withholding and paying. This makes the wage earners who are mainly dependent on their salaries become the main body of tax payment, and ultimately, the moderating effect of individual tax has been greatly reduced.

So we can see that recently, the high-income people in the high-income industries such as securities, performing arts, sports, etc. are "obviously" strengthened supervision.

It seems that consensus has been reached in the revision of the new personal income tax law.

Of course, to determine the threshold, we must also consider the changes in basic living expenses, inflation factors, housing reform, education, unemployment, pension and other factors related to the reform of income distribution system, educational expenditure and regional differences. For example, from the perspective of regional differences, there are different levels at present. For example, the threshold of Shanghai is 1000 yuan, and Shenzhen is 1500 yuan.

The increase in the threshold means, of course, that your actual income has increased.

The tax system model is the focus of debate. The debate on what kind of tax system is more in line with national conditions is the most controversial one in the new tax law revision.

The current individual income tax in China adopts the sub item income tax system. The 11 taxable items are listed separately, and the cost deduction standard and the applicable tax rate are respectively stipulated.

Most of the taxable items are only part of the tax collected above the income threshold, which can not effectively levy taxes on the accumulated income of individuals. Different tax rates and deductions for different income sources also cause problems such as decomposing income, deducting many times and avoiding tax evasion legally. It is difficult to take care of the taxpayers who support more people on the basis of comprehensive calculation expenses deduction. This kind of tax system is easy to cause the tax burden of taxpayers at the same income level is different, which is obviously unfair.

The comprehensive tax system takes into account the total income level of taxpayers, including all kinds of income, and then takes the total income as a reference for taxation. It can better reflect the principle of fairness. Therefore, it is suggested that the comprehensive income tax system should be chosen.

However, under the condition that the collection and management means are relatively backward at present, there is no effective monitoring on the revenue and tax authorities of taxpayers. Even after the implementation of the real name system of bank savings and the implementation of the new tax collection law, tax authorities have been given the means of compulsory enforcement. However, it is obviously very difficult for tax arrears individuals to carry out the same tax withholding tax from bank deposits.

Therefore, the industry's more consistent view is that a mixed income tax mode with comprehensive and classified combination is adopted. In the case of mixed mode, certain taxable income, such as interest, dividends and bonus income, can be levied at a pro rata tax rate.

In addition, the method of withholding and withholding can be used for wage income.

Except for a small number of highly paid taxpayers, most of them can only adjust at the end of the year without paying tax returns.

The scope of special deductions for personal income tax should be appropriately expanded. For example, the special deduction policy can be flexibly applied in the case of local financial resources, and the preferential measures for pre tax deduction such as housing consumption, regional supplementary medical insurance, savings endowment insurance, education expenditure and family information expenditure should be implemented in phases.

In fact, the general idea of the tax planning of personal income tax should be to pay attention to the standard of income, the way of payment and the balanced income, reduce nominal income, keep the real income unchanged, and lower the tax rate.

According to the insiders, the common practice is to arrange the amount of wages as far as possible before allowing the pre tax deduction, raise the welfare level of workers, and reduce nominal income. The salary income of each month can be roughly leveled by postponing or advancing in advance, and the taxpayer can receive the remuneration of labor remuneration by stages in the longest possible time.

Mr. Chen, who is the head of a state-owned enterprise, has a monthly salary of 1500 yuan (including all kinds of allowances and monthly bonus), and the year-end bonus is 2000 yuan at the end of the year. At the same time, because of the good operation of the enterprise, the superior has issued a reward of 3000 yuan.

Here you can make a comparison in three months.

If Mr. Chen received a one-time bonus of 5000 yuan in December, he would be eligible for personal income tax in December, January and February respectively (the local allowed to pay 800 yuan / month) 765, 45, 45 for a total of 855 yuan, and if he received 3000 yuan in the government award in two times in December and January, and 2000 yuan in the two units of the December and January, then the personal income tax should be: 205, 205 and 2000 yuan. After the plan, the total personal income tax will be paid less than RMB yuan.

If the housing accumulation fund, medical insurance, pension insurance, unemployment insurance, "four gold" tax-free items, and the possibility of increasing the pre tax deduction scope and the starting point will be raised, the tax burden of the working class will be greatly reduced.