According to the Ministry of Finance Notice of the State Administration of Taxation on the Convergence of Preferential Policies after the Revision of the Individual Income Tax Law(Finance and taxation2018:164No.)Article 3: The commission income obtained by insurance marketing staff and securities brokers belongs to the income from service remuneration, which shall be deducted from the income excluding VAT20%After deducting the cost of business expansion and additional taxes, the income shall be incorporated into the comprehensive income of the current year, and individual income tax shall be calculated and paid. The cost of insurance marketing staff and securities brokers shall be based on their income25%Calculate.

Withholding agents shall pay commission income to insurance marketing staff and securities brokers in accordance with the Administrative Measures for Reporting Individual Income Tax Withholding (Trial) (Announced by the State Administration of Taxation)2018Annual regulation61(C) the cumulative withholding method for tax withholding.

1. The tax payable in advance shall be withheld during the current period=(Cumulative withholding of taxable income in advance×Withholding rate-Quick deduction)-Cumulative tax relief-Accrued withholding of tax payments

2. Cumulative withholding of taxable income in advance=Cumulative income-Cumulative deduction of expenses-Accumulated other deductions

Among them, the amount of income shall be deducted according to the income excluding VAT20%The balance after the cost is calculated; Cumulative deductions are made in accordance with5000yuan/Month multiplied by the number of months the taxpayer has worked in the unit as of the current month; Other deductions shall be calculated according to the sum of exhibition costs, additional taxes and other deductions determined according to law, among which the exhibition costs shall be based on income25%Calculate.
【 Typical Case 】

Xiao Wang is a salesman of an insurance company.2020years1-2Monthly insurance marketing commission income excluding VAT55000Yuan,1The monthly commission income has been accumulated by the insurance company withholding individual income tax320Yuan. Assuming no additional taxes are taken into account, insurance companies2How much is Xiao Wang's personal income tax withheld and paid each month?

(1)Cumulative income=55000×(1-20%)=44000(yuan)

(2)Exhibition cost=44000×25%=11000(yuan)

(3)Cumulative withholding of taxable income=44000-(2×5000)-11000=23000(yuan)

(4)Accrued withholding of tax payments=23000×3%=690(yuan)

(5)2Monthly withholding of tax payments=690-320=370(yuan).
 【 Key Tips 】

(1)Although the commission income of insurance marketer and securities broker is the income of remuneration for labor service, the accumulative withholding method shall be adopted to calculate the withholding tax payable in the current period by comparing with the withholding rate table of income from wages and salaries.

(2)Special deductions and special additional deductions shall not be deducted temporarily in the link of withholding and pre-payment, and shall be handled at the time of final settlement and return at the end of the year.

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