Are you puzzled by the various tax rates when calculating personal income tax? Don't worry! Here's a simple guide to help you understand the personal income tax rate table. 💡

In China, the personal income tax is calculated based on different brackets of taxable income. The current tax rate ranges from 3% to 45%, with different thresholds for each bracket. For instance, if your monthly income is below 3,000 yuan, it falls under the 3% tax rate. However, as your income increases, so does the applicable tax rate. 🧮

To make it easier, here’s a quick overview:

- Up to 3,000 yuan: 3%

- From 3,000 to 12,000 yuan: 10%

- From 12,000 to 25,000 yuan: 20%

- And so on, up to the highest bracket.

Remember to consider deductions like social security and housing funds before calculating your taxable income. 🏠💸

Understanding this table can significantly help in planning your finances wisely. If unsure, consulting a financial advisor is always a good idea. 💼✨