Individual Income Tax System of Shanghai
Tax Exemption amount:RMB1,600
Unit: RMB
Grade |
Scale |
Rate (%) |
Quick Deduction |
1 |
≤500 |
5 |
0 |
2 |
500———2000 |
10 |
25 |
3 |
2000———5000 |
15 |
125 |
4 |
5000———20000 |
20 |
375 |
5 |
20000———40000 |
25 |
1375 |
6 |
40000———60000 |
30 |
3375 |
7 |
60000———80000 |
35 |
6375 |
8 |
80000———100000 |
40 |
10375 |
9 |
>100000 |
45 |
15375 |
Individual Income Tax = (FASCO salary—social welfare—1600) x Rate —Quick Deduction
Tax Exemption amount of employees of non-Chinese nationality or from Hong Kong, Macau or Taiwan:4800.
Pay for Overtime Work
The employing unit shall, according to the following standards, pay laborers remunerations higher than those for normal working hours under any of the following circumstances:
- to pay no less than 150 per cent of the normal wages if the extension of working hours is arranged on working days; less than 1 working hour extension per day; less than 3 hours on special conditions; less than 36 hours total in one month; and
- to pay no less than 200 per cent of the normal wages if the extended hours are arranged on days of rest and no deferred rest can be taken; and
- to pay no less than 300 per cent of the normal wages if the extended hours are arranged on statutory holidays. In this case, deferred rest is prohibited.
Quoted from Article 44 of LABOUR LAW OF THE PEOPLE’S REPUBLIC OF CHINA
According to the Notice〈2000〉No.8, the average monthly working days amount is 20.92.
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