Income Tax Calculator
๐ฐGross Income
๐ก๏ธFive Insurances & Housing Fund (Employee)
12%
Total deduction: ยฅ0/mo
๐Special Additional Deductions
Total special deduction: ยฅ0/mo
ยฅ0
Taxable Income
ยฅ0
Tax Amount
ยฅ0
After-Tax Income
0%
Effective Rate
๐Tax Bracket Breakdown
| Bracket | Rate | Quick Ded. | Taxable | Tax |
|---|
2024 China Tax Policy: Tax-free threshold ยฅ5,000/mo (ยฅ60,000/yr) | Progressive rates 3%โ45% in 7 brackets | Social insurance contributions are pre-tax deductions | Special additional deductions based on actual situation | Housing loan & rent deductions are mutually exclusive