According to relevant policies and regulations of our country, the deduction standard of 5000 yuan per month will be implemented for income from wages and salaries in advance, and the new tax rate table will be applied. The new policy will also be applied to income from production and operation of individual businesses and income from contracted and leased operation of enterprises and institutions.
 The salary tax deduction standard is: salary tax amount=(salary income - five insurances and one fund - special deduction amount) * applicable tax rate - quick calculation deduction amount.
 In addition, there are special additional deductions, including children's education, continuing education, serious illness medical treatment, housing loan interest, or housing rent, support for the elderly and other expenses. The deduction standard shall be in accordance with the Operation Measures for Special Additional Deduction of Individual Income Tax.
 Legal basis
 Article 2 of the Individual Income Tax Law of the People's Republic of China shall pay individual income tax on the following individual income:
 （1） Income from wages and salaries;
 （2） Income from remuneration for labor services;
 （3） Income from author's remuneration;
 （4） Income from royalties;
 （5） Business income;
 （6） Income from interest, dividends and bonuses;
 （7） Income from lease of property;
 （8） Income from property transfer;
 （9） Accidental income.
 Individual income tax shall be calculated on a consolidated basis according to the tax year for income derived by individual residents from items 1 to 4 of the preceding paragraph (hereinafter referred to as "comprehensive income"); Individual income tax shall be calculated monthly or sub item by item for non resident individuals who obtain income from items 1 to 4 of the preceding paragraph. Taxpayers who derive income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this Law.