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Post by Dr. Gonzo on Jan 5, 2006 2:43:00 GMT 7
After the first 4000, Fts pay 10% tax for stuff like breathable air, potable water, well maintained roads etc, right?
Does this stay the same whatever the salary [eg 15000], or is there a sliding scale?
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Crippler
Barfly
Beware the conspiracy!
Posts: 345
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Post by Crippler on Jan 5, 2006 10:02:32 GMT 7
After the first 4000, Fts pay 10% tax for stuff like breathable air, potable water, well maintained roads etc, right? Does this stay the same whatever the salary [eg 15000], or is there a sliding scale? Tax is 5% over 4000 and there is a sliding scale but not sure where the next raise kicks in.. |
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Post by con's fly is open on Jan 5, 2006 18:05:58 GMT 7
I think I'm paying over 10 percent. Have to look this over. And up.
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Post by joe on Jan 5, 2006 19:31:58 GMT 7
Dezshira says: Monthly Salary --- Tax Rate 5,000 - 20,000 --- 20% 20,001 - 40,000 --- 25% 40,001 - 60,000 --- 30% 60,001-80,000 --- 35% 80,001-100,000 --- 40% 100,000 or more --- 45% with the first 4000 untaxed. Worldwide-tax seems to agree.
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Post by con's fly is open on Jan 5, 2006 19:36:37 GMT 7
Hmmm... actually, that lines up almost exactly to what I end up with every month. Don't quite get what that little deduct-y thing is for, but it subtracts to give what I generally get. NIce post, Joe.  |
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Post by Dr. Gonzo on Jan 6, 2006 2:07:17 GMT 7
Thanks Joe. Nice homework!
Looking at these sites more closely they seem to be focusing on employees of foreign companies, rather than people employed by Chinese parties, eg schools. I have the feeling we may get off more lightly.
For eg, on an 8000 salary, I was only paying 400 tax [first 4000 tax free, or at least employer-paid, next 4000 at 10%].
Any more personal experiences out there?
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Crippler
Barfly
Beware the conspiracy!
Posts: 345
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Post by Crippler on Jan 6, 2006 10:35:45 GMT 7
The 5% must be on the 1000 between 4 and 5. And, the rent and utilities are tax free for me as well. As is the extra money I get from extra lessons I do. They give me cash separately.
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Post by Mr Nobody on Jan 7, 2006 15:14:56 GMT 7
I just get paid in cash.
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Crippler
Barfly
Beware the conspiracy!
Posts: 345
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Post by Crippler on Jan 8, 2006 9:46:39 GMT 7
Cash is good!!!  |
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Post by Stil on Jan 8, 2006 10:02:23 GMT 7
If you're not sure what tax to pay, just send me your cash and I'll take care of it for you. |
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Crippler
Barfly
Beware the conspiracy!
Posts: 345
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Post by Crippler on Jan 8, 2006 10:07:24 GMT 7
If you're not sure what tax to pay, just send me your cash and I'll take care of it for you. Hey quit trying to nose in on my territory. I have the China Franchise for that domain!  |
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Post by Mr Nobody on Jan 8, 2006 11:09:04 GMT 7
Sorry, boys, I may be crazy, but I ain't stupid.
(well, not usually, although I reserve the right to be stupid on occasion - but this isn't one of those occasions.)
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Post by joe on Jan 8, 2006 15:15:40 GMT 7
For no really good reason I have the idea that the sliding tax scale is a new thing, maybe a few years old. But I also have the idea that the 4000 threshold has been around for a while.
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