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Posts: 158

Governor

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Q: Need information about the Tax rate in China....

I will be working in Guangzhao on a salary of 8000 rmb.Can somebody tell me about the tax rate and insurance cost?

TIA

12 years 41 weeks ago in  Business & Jobs - China

 
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Posts: 3025

Emperor

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Tax rates in China on income are progressive, the more you make the more you pay.

But the first 4,000 Rmb of your salary will be tax free. The rest will be taxed according to the table below:

5%        1 - 500

10%      501 - 2,000

15%      2,001 - 5,000

20%      5,001 - 20,000

25%      20,001 - 40,000

30%      40,001 - 60,000

35%      60,001 - 80,000

40%      80,001 - 100,000

45%      100,001 and above
 

Normally, (health) insurance will be provided and paid by employer, not you.

Any other source of income will be taxed at different rates not included here.

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12 years 41 weeks ago
 
Posts: 240

Shifu

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Just to be clear the above numbers are for RMB per month?

981977405:

Yes, they are month. Tax for foreigners kicks in at RMB 4,800 per month. From 4,801 to 5,300, on that part alone you are taxed at 10%; from 5,301 to 9,800, you are taxed at 20% on that amount alone. It's a very confusing and often miscalculated system. Every major city has a "Foreigner Taxation Window" at the local tax office. Any questions, try there. In the major cities, someone at that window will have a rudimentary knowledge of English.

12 years 36 weeks ago
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12 years 36 weeks ago
 
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The tax rate for foreigners was re-adjusted several years and according to the Ministry of Taxation, where I have taken this verbatim, * Initial deduction is 2,000 RMB for PRC residents and 4,800 for foreigners. 

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12 years 36 weeks ago
 
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General

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No. The initial irate is RM3500 for the locals and RMB4800 for the foreigners. For RMB8000 you pay very little income tax (the good news). The bad news id RMB8000 does not go very far in China anymore.

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11 years 39 weeks ago
 
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For Guangzhou, you should ask for RMB12,000 per month. 

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11 years 39 weeks ago
 
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Governor

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I know its been a long time since the reply was posted, could anyone confirm if these tax rates are the same? and are they same for all cities?

 

thank you.

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11 years 20 weeks ago
 
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