How the ABCs (2) of the income tax rate

Graduated tax system tax rate goes up as high income

Tax rate also goes up as high income

Last time continues, for us a familiar tax, income tax basics talk about had come. Last story was until it subtracting deductions from salary to calculate your taxable income. We tell you how tax rate on taxable income, to calculate the income tax will continue to.

In the Japan takes the excess tax higher income the person graduated tax system. Structured tax rates rise as there are a lot of income, divided into 10%, 20%, 23%, 33%, 40% of the 6 stages is a 5% tax rate. Minimum 5% tax rate applies to annual taxation: n/a Yen income of the top 40% tax rate applies to the taxable income of JPY 18 million who.

Tax debt due to the excess graduated tax system that are expensive for people making many 10 million yen too, like professional athletes and entertainers?

Let’s calculate the income tax using the calculation table

Income tax calculation table

Look at the figure rapidly, feel what?
” n/a Yen’s 10% tax rate becomes n/a Yen tax rate goes up 20%, if barely minimal income less n/a Yen kept better deals at? “What program I wanted?

But in fact it is not. Income is ¥ n/a people tax
n/a Yen × 20% n/a Yen ¥
Will. Simply has become so you can deduct deductions over the 20% tax rate rather than at the end of the right calculation table.

Meaning of this deduction is clearly calculated income tax amount without using the calculation table. Without a UI table also let’s calculate taxable income of ¥ n/a people example.

n/a Yen × 5% = n/a Yen
( ¥ n/a yen ) × 10% = n/a Yen
( ¥ n/a Yen ) × 20% = n/a Yen
9ten thousand7500 yen +13ten thousand5000 yen +4ten thousand = n/a Yen

Constant, who even n/a JPY ¥ n/a following partial calculates tax incrementally from a low tax rate 10% tax rate and so on, 5% tax rate: n/a Yen part income of more than and plus will continue to match.

Put the tax rate in the calculation table after subtracting the deduction, to adjust to this part.

Trying to calculate the income tax salary n/a people

So really, let’s calculate the income tax salary n/a single women. Also a review of the previous
Compute the taxable income from STEP1 salary
To calculate the income tax from STEP2 taxable income
The Let’s calculate the two stages.

Compute the taxable income from STEP1 salary
Considered from a salary payroll deductions as a necessary expense, in addition to deducting the various deductions, compute the taxable income.
Payroll deduction n/a Yen
Basic deduction n/a Yen
Social insurance premium deduction n/a Yen ( is estimated n/a Salary x computed in n/a )
Other deduction n/a Do not consider

Salary n/a various deductions (123ten thousand yen +38ten thousand yen +59ten thousand yen) = taxable income ¥ n/a

To calculate the income tax from STEP2 taxable income
Tax rates are examined using calculation tables for income tax for the taxable income figured in STEP1, we will calculate the income tax.
n/a Yen × 10%-$ n/a = n/a

Annual income found n/a yen it estimated salary n/a single women.

Knowing how to calculate income tax, will know to Tok by using taxes and tax reform news story well. By all means, try to calculate about the amount of your income tax.