The calculation method is: personal income tax payable = total income-(cost+expense+loss+allowable tax deduction)
Tax rate table (applicable to income from production and operation of individual industrial and commercial households and income from contracted operation and lease operation of enterprises and institutions): annual taxable income tax rate (%): 5% not exceeding 5,000 yuan; 10% of the part exceeding 5000 yuan to 10000 yuan.
Individual income tax paid by individual industrial and commercial households is different from that paid by wages and salaries. In theory, the individual income tax paid by individual industrial and commercial households is calculated according to the five-level excess cumulative tax rate of 5% ~ 35%, and its cost can be calculated according to the balance deduction. In fact, the tax authorities will not let you calculate according to the standard personal income tax calculation method, but adopt the method of approved collection to determine the tax you need to pay according to your business scale, business location, business variety and other factors.