The calculation method of individual income tax for individual industrial and commercial households is as follows:

Calculation formula: taxable income=total income-costs, expenses and losses-starting point

Taxable income=taxable income×applicable tax rate

The individual industrial and commercial households' individual income tax is levied in the following ways:

1, checking account levy:

Requirement to set up account books to keep accounting according to legal and valid vouchers when paying the tax. p>1, checking accounts for collection:

Individual business households are required to set up account books and keep accounts based on legal and valid vouchers, and then calculate taxable income according to the total income minus costs, expenses and losses when paying individual tax, and then calculate and pay the individual tax according to the applicable tax rate.

Individual Income Tax Rate Table II (applicable to business income)

Tiers Annual taxable income Tax rate (%)

1 Up to 30,000 yuan 5

2 More than 30,000 yuan to 90,000 yuan 10

3 More than 90,000 yuan to 300,000 yuan 20

4 The portion exceeding 300,000 yuan to 500,000 yuan 30

5

The portion exceeding 500,000 yuan

35

Note: The taxable income for the year referred to in this table refers to the balance after deducting the costs, expenses, and losses from the total income of the taxable year in accordance with Article 6 of the present Law.

2. Regular and fixed levy: For individual industrial and commercial households that do not have books of accounts, the tax authorities, in accordance with the law and according to the procedures, approve the taxpayer's taxable business or income in a certain period of time, so as to determine the amount of tax payable by the way of levy. The factors affecting their personal income tax are turnover and personal income tax collection rate