China Tax Tables 2024 - Tax Rates and Thresholds in China
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This page contains the tax table information used for the calculation of tax and payroll deductions in China in 2024. These tax tables are used for the tax and payroll calculators published on iCalculator™ CN, these tools are provided for your free use on our website. If you would like additional tax table information added to the tax calculators for China or would like to add to or suggest amendments to the information herein then please contact us.
2024 Tax Tables [Quick Links]
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China Personal Income Tax Tables in 2024
The Income tax rates and personal allowances in China are updated annually with new tax tables published for Resident and Non-resident taxpayers. The Tax tables below include the tax rates, thresholds and allowances included in the China Tax Calculator 2024.
China provides an annual "Standard Deduction" that is deducted from your total income to produce your taxable income in China in 2024:
China Standard Deduction in 2024| Residence Status | Standard Deduction |
|---|
| Resident | 元 3,500.00 |
| Non-resident | 元 4,800.00 |
China Residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 3% | Income from 元 0.000.00 | to | 元 36,000.00 |
| 10% | Income from 元 36,000.01 | to | 元 144,000.00 |
| 20% | Income from 元 144,000.01 | to | 元 30,000.00 |
| 25% | Income from 元 30,000.01 | to | 元 420,000.00 |
| 30% | Income from 元 420,000.01 | to | 元 660,000.00 |
| 35% | Income from 元 660,000.01 | to | 元 960,000.00 |
| 45% | Income from 元 960,000.01 | | and above |
China Non-residents Income Tax Tables in 2024
Personal Income Tax Rates and Thresholds (Annual)| Tax Rate | Taxable Income Threshold |
|---|
| 3% | Income from 元 0.000.00 | to | 元 36,000.00 |
| 10% | Income from 元 36,000.01 | to | 元 144,000.00 |
| 20% | Income from 元 144,000.01 | to | 元 30,000.00 |
| 25% | Income from 元 30,000.01 | to | 元 420,000.00 |
| 30% | Income from 元 420,000.01 | to | 元 660,000.00 |
| 35% | Income from 元 660,000.01 | to | 元 960,000.00 |
| 45% | Income from 元 960,000.01 | | and above |
In China, social security deductions made by employees are generally deductible when calculating taxable income. This means that the contributions towards social security can be subtracted from the gross income of individuals, thereby reducing their taxable income. This approach helps in lowering the overall tax liability for employees by considering their social security contributions in the income tax calculation.
China Social Security and Payroll Deduction Rates in 2024
In China, the social security system comprises several mandatory contributions made by both employees and employers. These contributions fund a range of social security programs designed to provide benefits and support to the workforce.
China Social Security in 2024: Rates for Employers and Employees| Category | Employee | Employer | Total |
|---|
| Pension | 20% | 8% | 28% |
| Medical Insurance | 10% | 2% | 12% |
| Unemployment Insurance | 1% | 0.2% | 1.2% |
| Work-related Injury Insurance | 0.5% | 0% | 0.5% |
| Maternity Insurance | 0.8% | 0% | 0.8% |
| Housing Fund | 0.12% | 0.426% | 0.546% |
| Beijing Social Insurance | 0.22% | 0.426% | 0.646% |
China Social Security and Payroll Deduction in 2024: Earnings Thresholds for Employers and Employees| Category | Employee | Employer |
|---|
| Min. | Max. | Min. | Max. |
|---|
| Pension | n/a | n/a | n/a | n/a |
| Medical Insurance | n/a | n/a | n/a | n/a |
| Unemployment Insurance | n/a | n/a | n/a | n/a |
| Work-related Injury Insurance | n/a | n/a | n/a | n/a |
| Maternity Insurance | n/a | n/a | n/a | n/a |
| Housing Fund | 元 2,834.00 | 元 2,834.00 | 元 2,834.00 | 元 2,834.00 |
| Beijing Social Insurance | 元 21,258.00 | 元 21,258.00 | 元 21,258.00 | 元 21,258.00 |
Pension Fund Contributions
Contributions to the pension fund are a significant aspect of China’s social security system. These funds provide retirement benefits to employees, ensuring financial support after their working years.
Medical Insurance Contributions
Both employees and employers contribute to medical insurance, which covers a portion of medical care and expenses. This program aims to provide healthcare coverage to the working population and their dependents.
Unemployment Insurance Contributions
Unemployment insurance contributions provide financial support to employees during periods of joblessness. This fund assists in stabilizing income for workers who are temporarily unemployed.
Work-Related Injury Insurance Contributions
These contributions fund compensation for employees who suffer work-related injuries or illnesses. This insurance covers medical costs, rehabilitation, and disability benefits associated with workplace injuries.
Maternity Insurance Contributions
Maternity insurance provides benefits to female employees during maternity leave, ensuring financial support for prenatal care, childbirth, and postnatal recovery.
China's social security and payroll deduction system plays a crucial role in supporting employees across different life stages and circumstances, contributing to social welfare and stability.
China Province Social Security in 2024| China: Beijing Social Security Rates and Thresholds in 2024 |
|---|
| 元 2,834.00 | Beijing Earnings Thresholds - Lower |
| 元 21,258.00 | Beijing Earnings Thresholds - Higher |
| 0.426% | Beijing Employer Social Insurance rate |
| 0.22% | Beijing Employee Social Insurance rate |
| 0.426% | Beijing Employer Social Insurance (Housing Fund) |
| 0.12% | Beijing Employee Social Insurance (Housing Fund) |
| China: Shanghai Social Security Rates and Thresholds in 2024 |
|---|
| 元 3,563.00 | Shanghai Earnings Thresholds - Lower |
| 元 17,817.00 | Shanghai Earnings Thresholds - Higher |
| 0.393% | Shanghai Employer Social Insurance rate |
| 0.175% | Shanghai Employee Social Insurance rate |
| 0.393% | Shanghai Employer Social Insurance (Housing Fund) |
| 0.175% | Shanghai Employee Social Insurance (Housing Fund) |
| China: Shenzhen Social Security Rates and Thresholds in 2024 |
|---|
| 元 2,030.00 | Shenzhen Earnings Thresholds - Lower |
| 元 20,259.00 | Shenzhen Earnings Thresholds - Higher |
| 0.3028% | Shenzhen Employer Social Insurance rate |
| 0.19% | Shenzhen Employee Social Insurance rate |
| 0.3028% | Shenzhen Employer Social Insurance (Housing Fund) |
| 0.19% | Shenzhen Employee Social Insurance (Housing Fund) |
| China: Guangzhou Social Security Rates and Thresholds in 2024 |
|---|
| 元 2,408.00 | Guangzhou Earnings Thresholds - Lower |
| 元 14,958.00 | Guangzhou Earnings Thresholds - Higher |
| 0.3329% | Guangzhou Employer Social Insurance rate |
| 0.187% | Guangzhou Employee Social Insurance rate |
| 0.3329% | Guangzhou Employer Social Insurance (Housing Fund) |
| 0.187% | Guangzhou Employee Social Insurance (Housing Fund) |
| China: Chengdu Social Security Rates and Thresholds in 2024 |
|---|
| 元 2,017.00 | Chengdu Earnings Thresholds - Lower |
| 元 15,130.00 | Chengdu Earnings Thresholds - Higher |
| 0.36824% | Chengdu Employer Social Insurance rate |
| 0.194% | Chengdu Employee Social Insurance rate |
| 0.36824% | Chengdu Employer Social Insurance (Housing Fund) |
| 0.194% | Chengdu Employee Social Insurance (Housing Fund) |
| China: Wuhan Social Security Rates and Thresholds in 2024 |
|---|
| 元 3,286.00 | Wuhan Earnings Thresholds - Lower |
| 元 16,430.10 | Wuhan Earnings Thresholds - Higher |
| 0.3888% | Wuhan Employer Social Insurance rate |
| 0.203% | Wuhan Employee Social Insurance rate |
| 0.3888% | Wuhan Employer Social Insurance (Housing Fund) |
| 0.203% | Wuhan Employee Social Insurance (Housing Fund) |
| China: Dalian Social Security Rates and Thresholds in 2024 |
|---|
| 元 3,470.00 | Dalian Earnings Thresholds - Lower |
| 元 17,349.00 | Dalian Earnings Thresholds - Higher |
| 0.393% | Dalian Employer Social Insurance rate |
| 0.215% | Dalian Employee Social Insurance rate |
| 0.393% | Dalian Employer Social Insurance (Housing Fund) |
| 0.215% | Dalian Employee Social Insurance (Housing Fund) |
China VAT Rates in 2024
VAT rates for China are reviewed annually, you can use the VAT Calculator to calculate VAT due in China or use the Reverse VAT Calculator to calculate the net cost of goods/services after deducting VAT.
China VAT Rates| VAT Rate | VAT Description |
|---|
| 0% | Zero Rated |
| 6% | Reduced Rate |
| 9% | Basic Rate |
| 13% | Standard Rate |
Historic Tax Tables supported for China
The following tax tables are supported by iCalculator™ CN as part of the suite of free tax tools we provide for China.