Tel: (86-755) 2518 8989

Room 1010, 10th Floor, Kerry Centre,
2008 Renminnan Road,
Luohu, Shenzhen, PRC.

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PRC individual income tax from salaries and wages can be calculated as :

 

Monthly taxable income × applicable tax rate - Quick Reckoning Amount
Monthly taxable income = total monthly income - monthly standard deduction

 

Monthly standard deduction (for foreign and Chinese individual) is RMB 5,000. 

 

From 1 October, 2018, using the new Individual Income Tax Rates as follows:

Individual Income Tax Rates

(Applicable to the wage and salary Income)

GradeMonthly Taxable Income (RMB) Tax Rate (%)Quick Reckoning Amount (RMB)
1 <= 3,000 3% 0
2 3,000 - 12,000 10% 210
3 12,001 - 25,000 20% 1,410
4 25,001 - 35,000 25% 2,660
5 35,001 - 55,000 30% 4,410
6 55,001 - 80,000 35% 7,160
7 >= 80,001 45% 15,160