How to calculate the taxes from wages ?
Helpful Hints / / August 12, 2017
- magnitude of wage
- Workers Have the right to deduct from the tax base for tax deductions wage
Each employee who receives payment for itslabor required to pay the tax.Now, however, this does not need to do anything because the employer himself every month deducts the necessary amount of employee salaries and transfers them to the tax authorities.The employee receives a salary in the hands of already given tax.At the same time, the employee must make sure that the correct amount of tax is calculated at the accounting firm where he works.Therefore it is necessary to know how to calculate payroll taxes.In Russia, the value of the tax on salaries is thirteen percent of the tax base.
Thus, to calculate the tax on the salaries, you first need to determine the taxable base of this tax.The base includes a basic income for the salary or wage rate (depending on which form of remuneration is applied in the enterprise) as well as the amount of holiday pay.That
The law also provides for deductions from taxable personal income tax base.The standard deduction is used in the enterprise, - deduction for children.It is provided to parents or guardians, on the contents of which are children.For example, one child put deduction of 1,400 rubles from the sum of the monthly employee's income.However, here there are restrictions on the provision of this deduction.The child must be under the age of eighteen years (or up to twenty-four years, if he learns in high school full-time).Also, parent income must not exceed 280,000 rubles per year.For example, worker incomes for January amounted to 18,000 rubles, and they are all included in the taxable base for personal income tax.Suppose the employee has a daughter at the age of 9 years.So, a deduction from the base will be 1400 rubles - then the base will be equal to 16600 rubles.Personal income tax from the salary will be 2158 rubles.If the income for the year will not increase the employee, every month will be deducted from the base of 1,400 rubles.Then, the personal income tax for the full year will amount to 25896 rubles, which is 2184 rubles less than if the employee has not been granted a deduction.
should also be aware that the size of the deduction for a child may vary depending on the number of children the employee has.So, if he has one or two children, the deduction will amount to 1,400 rubles a month, and if three or more, the deduction has to be equal to 2800 rubles, that is doubled.Deduction at double the rate as provided if the parent or guardian of a child found alone.In addition, the deduction for children will be 3000 rubles, if the employee has a disabled child or a disabled student, if he is trained in the full-time training, and it is less than twenty-four years.Thus, to calculate personal income tax from the employee's salary, you need to find the amount of income subject to this tax, as well as to know what deductions the employee is entitled to.